Ukrainian Geological Survey: 5 oil and gas sites put up for electronic auction

Ukrainian Geological Survey announced the thirteenth electronic auction in 2021, for which five hydrocarbon subsoil sites are put up:

  • Pivdenno-Rusanivska square
  • Zhukovska square
  • Kitvan square
  • Reshetylivska square
  • Tynivske field

The objects are located in Poltava, Sumy, Ivano-Frankivsk and Lviv regions offered for geological study of oil and gas-bearing subsoil, pilot development, followed by oil and gas production. The total starting price of lots is about UAH 209.8 million.

The auction will be held on October 10, 2021, via Prozorro.Sales

To recap, Poland is interested in Ukrainian hydrocarbons.

Tags: gas, oil, hydrocarbon production, legislation, Prozorro, drilling, Public Service of Geology and Subsoil of Ukraine, Opimakh, investments, stocks, field

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