Hawkley Oil & Gas
Hawkley Oil & Gas - Primed for Growth

Our Profile

Hawkley has a clear strategy to create a quality world-class independent oil and gas company, with strong operating experience and a diverse portfolio of quality assets that will maximise shareholder returns.

Highlights:

  • A management team with significant experience in the sector and country of operation
  • Clear strategy to increase production through aggressive exploration and appraisal drilling
  • Solid financial base – debt free and profitable cash generation
  • Very strong demand, Ukraine is one of the world’s biggest gas networks
  • Operatorship and 100% ownership of all three licences
  • Significant deal flow pipeline

Project and Regional Highlights

  • Ukraine is Europe’s fourth largest gas market.
  • Operators in Ukraine benefit from strong product pricing
  • The projects are located in the Dnieper-Donets Basin – the most prolific gas basin in the Ukraine, containing undiscovered resources of around 24tcf gas
  • The Sorochynska, Stoliarovska and Chernetska licences are all located in the proximity of well-developed infrastructure
  • Ownership of gas plant to handle current and future production from Sorochynska resulting in logistical benefits and significant cost savings
  • Acquisition of Stoliarovska with a 20 year production licence completed in March 2013
  • All licences are owned 100% by Hawkley’s wholly owned subsidiary, Prime-Gas LLC
  • Production at Well -201 at the Sorochynska licence started on February 17, 2011 and ceased prematurely in December 2014
  • During that period, a total of 5.63 Bcf and 172,887 barrels of gas and condensate respectively were produced
  • Drilling of first well on the Chernetska exploration licence completed in May 2012 with oil shows recorded at two levels
Promo
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