Location: Dnieper-Donets sedimentary basin, approximately 17 km south-east of Kharkiv, Ukraine
Value: Undisclosed 
Area: 33.2 km²
Production: 0.2 MMboe (from 1 January 2016 to 31 December 2016)
Estimated Reserves: 1.80 MMboe
Licence Granted: August 2012

Regal Petroleum acquired the Vasyschevskoye (VAS) field in July 2016 and holds a 100% working interest in and is the operator of the VAS field. The production licence over the field extends over an area of 33.2 km² and is located approximately 17 km south-east of Kharkiv. The licence was granted in August 2012 and has a duration of 20 years. The field is located, geologically, towards the middle of the Dnieper-Donets sedimentary basin in the north-east of Ukraine. The field is trapped in an anticline structure broken into several blocks, which are gently dipping to the north, stretching from the north-east to south-west along a bounding fault. The gas is located in Carboniferous sandstones of Bashkirian, Serpukhovian and Visean age at depths of 2,900 – 3,400 metres below the surface. There are three operating wells on the field, VAS-1, VAS-3 and VAS-5, producing gas and condensate. During the period from 1 January 2016 to 31 December 2016, the Company has produced 0.2 MMboe from the field.

Operators:

Regal Petroleum: 100% interest