Liquidation of 18 wells is commenced

Exalo Drilling SA has started 2 separate projects in the area of the Workover Service, concerning the liquidation of 18 boreholes in two mines in south-west Poland. At present, the liquidation of 6 wells has been completed and the works on the next liquidations are underway.

Liquidation of 16 wells is carried out in the area of the mines belonging to the one of leading companies in the oil sector. For the present time, 6 boreholes have been liquidated and work on the next 4 are in progress. In addition, EXALO is in the process of mobilizing equipment for workover projects in the Czech Republic, where is planning to liquidate 3 wells, for the international gas company.