News

PPC has started the process of preparing for the installation of a compressor unit at the Elizavetivske EPF

February 23, Poltava – JV “Poltava Petroleum Company” (hereinafter – JV PPC) is working on the installation of an additional compressor unit (K4000) at the Elizavetivske EPF to increase the efficiency of natural gas extraction from the Elizavetivske wells.

The new two-stage compressor unit (fitted with Caterpillar 3516J engine and Ariel JGT / 4 compressor) manufactured by ENERFLEX, an American company, will ensure more efficient performance of the wells by lowering their surface pressures.

“The new compressor installation will enable us not only to ensure a more efficient gas recovery but also to extend the viability of wells. Every day, the PPC team works hard to ensure Ukraine’s energy independence by applying the most up-to-date technologies, ” said Victor Gladun, General Director of the JV PPC

Reference

JV Poltava Petroleum Company is a Ukrainian-British joint venture established in 1994 and is a subsidiary of JKX Oil & Gas LTD. JV PPC is one of the leaders among non-state oil and gas companies in Ukraine. The company’s field of activity is the search, exploration, production and treatment of gas and oil. The company owns 6 licenses for the exploitation of deposits within the Poltava region. Poltava Petroleum Company uses modern technologies and methods to achieve Ukraine’s energy independence.

The parent company, JKX Oil&Gas LTD, is managed by the Board of Directors. Victor Gladun is CEO of JV PPC and JKX Oil&Gas LTD.