Geo-Alliance company is preparing for shale gas extraction at the territory of Lugansk region. According to
It is planned to perform hydraulic fracturing on well #2 of Vysochanske field (Slovianoserbskyi district, Lugansk region). According to Sergiy Stogniy, the site for hydraulic fracturing has been prepared in July-August. Design works for the project are performed by US oil and gas service company Halliburton.
Geo-Alliance company is owned by EastOne and
In the future it is planned to perform hydraulic fracturing operations also at the others wells of the company.