Exploration of shale hydrocarbons has taken run

Drilling of the first exploration well for shale oil and gas that started in the middle of May is nearly come to an end.

 The well that is being drilled in Kalnaliai village near Sveksna will be completed in about one month.

However, whether amount of shale hydrocarbons is sufficient for Minijos Nafta to initiate commercial production of these natural reserves will become clear only in half a year.

Core samples taken while drilling were brought to special foreign laboratories and will be analyzed for at least six months.

Therefore, the first results on the future of shale hydrocarbon production will be known by the company at the end of the year or early next year.