Vostok NAO starts geological exploration of North-Yareyginsky and Yangareysky license sites
Edited by Rhod Mackenzie / 2015-11-09 04:20:27
Vostok NAO (JV of Lukoil and Bashneft) plans to drill 2 exploratory wells to assess the perspective of the North-Yareyginsky and Yangareysky license sites in the east of the Nenets Autonomous Area.
Recently the program of continuation of geological exploration of Vostok NAO for 2016-2017 was approved. It comprises the drilling of 2 exploratory wells at the North-Yareyginsky and Yangareysky license sites in 2016.
Lukoil and Bashnet founded a JV Vostok NAO to go on geological exploration in the region in the framework of the license agreement at 7 subsoil sites.