Europa gets license to develop Niklovich gas field in Ukraine

June 18, 2001
Europa Oil & Gas Ltd., London, and its Ukrainian partner, Zahidukrgeologia, have received a license to develop Niklovich gas field in western Ukraine. Niklovich field is 25 km from the Polish border and has reserves of 100 bcf in two main reservoirs at 1,200-1,500 m.


By the OGJ Online Staff

HOUSTON, June 18 -- Europa Oil & Gas Ltd., London, and its Ukrainian partner, Zahidukrgeologia, have received a license to develop Niklovich gas field, western Ukraine.

Niklovich field is 25 km from the Polish border and has reserves of 100 bcf in two main reservoirs at 1,200-1,500 m. Three suspended wells produced commercial quantities of gas on test with up to 40 m of pay in Miocene sands. Commercial production is expected in 2003.

In October 2000, Europa entered a development agreement with Rolls Royce Power Ventures Ltd., a division of Rolls-Royce PLC, which envisages utilizing a portion of Niklovich gas production to supply a proposed heat and generation facility in the southeast Polish city of Chelm.