Energofinance quotes the lowest borehole bid proposal for Regal Petroleum

The representative office of Regal Petroleum Corporation Limited, which is part of the Smart Holding, unveiled the names of tender participants for drilliing of Well №  54 at Sviridsky gas field The tender was announced on 21 February 2019 on Zaupki.prom.ua  public e-procurement platform.

According to the technical requirements, they are planning to drill a vertical well with a design depth of 5320 m. The site of the projected wellbore is Lokhvytsky district of Poltava region. According to the tender requirements, the spud-in of the well should be done  with a  top drive drilling rig with more than 450 ton hoist capacity and of no later than 2010-make.

So far, the 3 bidding companies include Energofinance LLC, Spetsmekhservis LLC, and Ukrburservice  Drilling Company LLC.

Bid Participant

Bid Proposal Quote, UAH, VAT included

Energofinance LLC

273 173 224,00

Spetsmekhservis LLC

289 376 766,66

Ukrburservice  Drilling Company LLC

364 607 320,00

Currently, the bidders are awaiting the final decision by tender board of Regal Petroleum Corporation.

11:06 / 18 March, 2019

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