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1976

Within the period 1976 to 1981 the drilling of 3 exploration wells was done (South Adriatic 1 in Budva offshore zone; South Adriatic 2 in Ulcinj offshore zone and South Adriatic 3 where mobile oil was found at a depth of 4,134 m). The drilling of exploration well UK-1 near Ulcinj started in 1989. This well with the depth of 5,309 m was the deepest well drilled in Former Yugoslavia.