Serinus Energy found oil in the Ukraine

Serinus Energy Inc. (former Kulczyk Oil Ventures Inc) found an oil accumulation when testing the bore-hole NM-3 at the Severo-Makeevsky deposit (Lugansk region). It is said  in a statement of the company.

Serinus Energy notes this is the first bore-hole, which gave oil influx during the whole period of operation in the Ukraine. The total well depth makes up 2.5 thousand meters. The operation is carried out with the help of a drilling unit, which was used at the well Olgovskaya-15, 10 km from NM-3.

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