Shell to Drill First Wells in $10 Billion Ukrainian Project

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Royal Dutch Shell Plc, which signed a $10 billion shale gas deal with the Ukrainian government this year, expects to start drilling in the Yuzivska field next year.

Shell will need to drill as many as 15 wells to complete the initial exploration appraisal of the 8,000 square-kilometer (3,100 square-mile) Yuzivska field in the eastern part of the country, Graham Tiley, the country manager of Shell Ukraine, said in an interview in Kiev on Nov. 6.