Business news from Ukraine

Business news from Ukraine

GEOLOGY SERVICE SELLS FIVE OIL AND GAS FIELDS FOR UAH 38.5 MLN

29 July , 2015  

KYIV. July 29 (Interfax-Ukraine) – The State Geology and Deposits Service of Ukraine has sold five oil and gas fields for UAH 38.471 million, according to materials of Ukrainian Universal Exchange where the auction was held on July 24.

The starting price of four out of five licensed oil and gas fields was considerably increased.

Horizons LLC won the auction for the Bunivska field (Lviv region). The company paid UAH 3.287 million for the field with the starting price of UAH 137,000.

Project-Bud private enterprise won the auction for the Rudnykivska field (Lviv region). The company paid UAH 11.555 million for the field with the starting price of UAH 295,000.

Nordik private enterprise won the auction for the Kolodnytska field (Lviv region). The company paid UAH 6.298 million for the field with the starting price of UAH 149,000.

Naftogazrozrobka LLC won the auction for the Khoroshivska field (Kharkiv region). The company paid UAH 16.565 million for the field with the starting price of UAH 5.085 million.

Gas Oil Investments LLC won the auction for the Batynetsko-Pereshpynska field (Lviv region). The company paid UAH 766,000 for the field with the starting price of UAH 727,000.

Ultimate beneficiaries of Horizons LLC are Lviv businessman Zinoviy Kozytsky and Czech Karel Komarek. Kozytsky also fully controls Project-Bud and Nordik.

Naftogazrozrobka LLC belongs to DTEK of Rinat Akhmetov and ultimate beneficiaries of Gas Oil Investments LLC are Vasyl Stets and Israel’s Advanced Technical Geological Consulting.