Matra takes another look in Russia

27.10.2009

London listed Matra Petroleum commenced drilling yesterday on the first appraisal well in the Sokolovskoe field.

Matra has chartered an Uralmash-4E electric rig to drill the A-13 well.

The appraisal well will take about 120 days to drill to a planned well depth of 3850 metres. The drilling cost is estimated at $4.5 million.

The Sokolovskoe field is located in the Arkhangelovskoe License of Orenburg, Russia.

Source : Upstreamonline