The exploration well, with an initial target depth of 2,100m, will evaluate three distinct gas zones identified on 2D seismic, two of which are structurally and stratigraphically independent from the producing Makeevskoye field 1.2km to the northeast.

The M-19 well is 100% owned by KUB-Gas and KOV acquired a 70% interest in KUB-Gas in June 2010.

KOV is an international upstream oil and gas exploration company with a diversified portfolio of projects in Brunei, Syria and Ukraine.