Novo-Nikolaevskoye Complex
In Ukraine our wholly-owned subsidiary Poltava Petroleum Company ('PPC') holds 100% interest in four production licences in the Poltava region of Ukraine (Ignatovskoye, Molchanovskoye, Novo-Nikolaevskoye, Rudenkovskoye).
Each production licence contains distinct fields which together form the Novo-Nikolaevskoye Complex. PPC also holds two exploration licences being Zaplavskoye (within the Novo-Nikolaevskoye Complex) and Elizavetovskoye which comprise a total exploration area of 208sq.km.
