While the US mid-continent region is now our core area of activity for future investment, we continue to hold an interest in the large but at present uneconomic Oktyabrskoe hydrocarbon field in the Crimea region of Ukraine.
Nostra Terra considers that, with the right conditions and most appropriate technology, this substantial resource could be commercially viable. The Company is in the process of further evaluating the field to determine the best path forward for its shareholders.