{"id":104693,"title":"Enwell Energy PLC (AIM:ENW) Spud of GOL-107 Well","publisher":"Share Talk","author":"sharetalk","published":"2022-12-20T08:03:14+00:00","modified":"2022-12-20T08:03:14+00:00","canonical_url":"https://www.share-talk.com/enwell-energy-plc-aimenw-spud-of-gol-107-well/","markdown_url":"https://www.share-talk.com/enwell-energy-plc-aimenw-spud-of-gol-107-well.md","json_url":"https://www.share-talk.com/enwell-energy-plc-aimenw-spud-of-gol-107-well.json","category":"Energy","categories":["Energy"],"tags":["Bruce Burrows","Chris Hopkinson","condensate","ENW","Enwell Energy","Exploration","Fields","gas","Hydrocarbons","Licence","military","Russian","Sergii Glazunov","Share Talk","Ukraine"],"featured_image":"https://i0.wp.com/www.share-talk.com/wp-content/uploads/2023/11/Stencil-Google-Chrome-2023-04-19-at-2.47.43-PM.jpeg?fit=1231%2C615&quality=89&ssl=1","format":"news","language":"en-GB","content":"**Enwell Energy plc (AIM: ENW)**, the AIM-quoted oil and gas exploration and production group, is pleased to announce the spudding of the GOL-107 well at its Mekhediviska-Golotvshinska (MEX-GOL) gas and condensate field in Ukraine.\n\nThe GOL-107 well is a development well and has a target depth of 5,190 metres. Drilling operations are scheduled to be completed by the end of the third quarter of 2023, and, subject to successful testing, production hook-up is scheduled during the fourth quarter of 2023. The well is targeting production from the V-20 and V-23 horizons in the Visean formation.\n\n**Sergii Glazunov, Chief Executive Officer, said:** “We are looking forward to the safe and efficient drilling of the GOL-107 well, which we hope will continue our successes in the development of our fields.”\n\nThis announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014, which forms part of United Kingdom domestic law by virtue of the European Union (Withdrawal) Act 2018, as amended.\n\nFor further information, please contact:\n\n**Enwell Energy plc**\n\nTel: 020 3427 3550\n\nChris Hopkinson, Chairman\n\nSergii Glazunov, Chief Executive Officer\n\nBruce Burrows, Finance Director"}