Advancing Into Conventional Opportunities

BMI View: Advance Energy's entry into the Ortyntska natural gas project in Ukraine fits its business strategy perfectly - an underperforming asset that could yield bigger returns than initial investment. Successful commercial development of Ortyntska will find a ready domestic market to sell its gas production to. It also highlights that opportunities in Ukraine are not just limited to complicated unconventional and offshore projects, and smaller independents might just find the conventional and onshore resources of Ukraine cheaper to explore and develop.

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