11-08-09 UK-based explorer Melrose Resources said has successfully drilled the Kaliakra-2 well in Bulgaria and evaluated the gas discovery at the field.
The company said the results indicated that the Kaliakra field's most likely reserves were 57 bn cf. The results also confirmed the Kavarna field reserves of 24 bn cf.

"We are very pleased with the results from the Kaliakra appraisal well which confirm our geologic model for the area and effectively increases the most likely combined reserves estimate for Kavarna, Kavarna East and Kaliakra to 100 bn cf," chief executive David Thomas said.
The company also said it was in contact with the new Bulgarian government to facilitate the agreements required to begin the Galata gas storage project.