Transeuro Drills Ahead at Ukraine Sidetrack

Transeuro issued its weekly update on its Ukraine operations.

Milling of the window in the 9 5/8" casing has been completed successfully and directional drilling of the sidetrack is proceeding with 8 1/2" hole at a depth of 2808m. Over the next week the company expects to drill ahead, encountering the top reservoir, the Turonian, at 2875m and then to drill down into the Cenomanian reservoirs, with the top reservoir, the C12 expected at 3100m.