Transeuro issued a weekly update on its Ukraine operation as follows:
The President & CEO, David Worrall commented, "The preliminary analysis of the logs is in line with our expectations, and we have encountered deeper targets in the C15 and C16 that were not logged in the first wellbore in 2008. Analysis of the logging data is ongoing and the Company will shortly release the results and the final plans for the first production test."
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