September 6, 2016
GEO ALLIANCE continues active exploration activities in its fields. The Company’s activity is exemplary in many respects as regards geological study. By using advanced global technologies in its activities GEO ALLIANCE managed to make considerable progress in geological exploration.
The Group performs successful exploration by running 3D seismic surveys. GEO ALLIANCE strives to be a leader in bringing in innovative technologies and global practices. This allowed surveying more than 810 sq. km of potential fields over the past few years.
In 2016, drilling of an ultra-deep well (5960m) was completed. Thanks to using modern equipment and advanced technologies the target depth was achieved in unprecedented 224 days. The Company’s significant successes in drilling owe to the use of modern drilling rigs, special oil based muds and above all – skilled selection of technical and engineering personnel.