Friday, April 01, 2011
Urals Energy Public Co. Ltd.
Urals announced that Well #51 on the Petrosakh field, in Russia, has been successfully spudded.
As part of the Company's updated drilling strategy to capture the full potential of the Petrosakh field, Well #51 is a large diameter vertical well designed to maximize flow rates.
The Directors expect production to begin before the end of May and further announcements will be made at the appropriate time.
As part of the Company's updated drilling strategy to capture the full potential of the Petrosakh field, Well #51 is a large diameter vertical well designed to maximize flow rates.
The Directors expect production to begin before the end of May and further announcements will be made at the appropriate time.
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