, Stock Forum
) Wednesday announced a new discovery in the Serpukhovian aged reservoir underlying the Olgovskoye Production Licence in Ukraine, this according to a company news release
The Olgovskoye-15 well tested the S5 zone at a maximum flow rate of 1.5 million cubic feet per day.
The well is operated by KUB-Gas LLC, a partially-owned subsidiary in which Serinus has a 70% effective ownership interest. The remaining 30% is owned by a Cub Energy