Source Pravda.Ru

Echo of Communism

Carpathian Resources Ltd, through its Czech subsidiary Nord Gas Ostrava sro has signed a Letter of Intent with Czech company Unigeo sa to bring into production the Krasna oil field located in northern Moravia, Czech Republic.

The Krasna field was discovered and tested during the soviet. Crude oil and associated gas are contained within Devonian carbonates at a depth below the surface of about 1600 metres.

There are four wells but initial production will be from well KS8 (1572 meters deep) which during field evaluation flowed at an average rate of 100bopd. Oil will need to be trucked from the well site.

Two other existing wells are to be inspected and tested at an early stage to establish their capacity to add to production from KS8.

Carpathian Resources is to carry the cost of re-establishing production from the Krasna field and following priority payback of costs, will be entitled to a 50% share of revenue. ©

&to=http://www.carpathian.com.au/' target=_blank>Carpathian Resources

The discovery of the submarine has unveiled a few "inconsistencies." For example, how can one explain the fact that the sub was found where it needed to be searched for from the start?

Argentina hides the truth about the death of San Juan submarine
Comments
Russia close to recognising Donetsk and Luhansk republics after Donbass elections
Unemployment in Russia hits record high of 15 percent
Third Rome and geopolitics of Orthodox schism
Putin wants Russian army rearmed almost completely by 2021
Japan ratifies agreement to supply weapons and ammo to warring states
Argentina hides the truth about the death of San Juan submarine
Argentina hides the truth about the death of San Juan submarine
Putin and Erdogan launch first section of TurkStream pipeline in Istanbul
Why Trump tries to re-industrialize America
Why Trump tries to re-industrialize America
Unemployment in Russia hits record high of 15 percent
Kuril Islands dispute between Russia and Japan: The impossible is impossible
Russia to ban capture of killer whales and belugas in 2019
North Korea destroys security points in demilitarised zone
Russia to ban capture of killer whales and belugas in 2019
Third Rome and geopolitics of Orthodox schism
Five years after Maidan revolution, Ukraine remains one of Europe's most corrupt states
The Amazon and the New Conquistadores
Brexit: The UK's misunderstanding of Democracy
The Amazon and the New Conquistadores
The Amazon and the New Conquistadores