Transeuro Energy Corp. (CVE:TSU) issues a weekly update on its Ukraine operations.
Transeuro Energy Corp. (TSXV:TSU) issues a weekly update on its Ukraine operations.
The press release is quoted as saying:
The well is drilling ahead at a depth of 3,364 metres with continuous background gas and connection gas up to 20% by volume. Following the gas kick at 3,332 metres, the mud weight was increased to 1.35 sg (specific gravity) and drilling resumed. A further gas kick occurred and mud weight was again increased, up to 1.47 sg. Drilling has again resumed, but the Rate of Penetration (ROP) has now dropped to 1 metre/hour and is expected to remain low until the middle of the C14 interval.