ERU acquired a company that has a license for gas production in Lviv region

The managing partners of the group of companies Energy Resources of Ukraine, Yaroslav Mudry and Dale Perry on December 4, 2019 were registered as ultimate beneficiary owners of 51% and 49% respectively of Carpathian Industrial Group 2014 LLC (Rozhnyativ village, Ivano-Frankivsk region), which in 2015 received a permit for geological exploration and further oil and gas production at Biblivska area in Mostysky and Starosambir districts of Lviv region.

This is confirmed by data from the Unified Register of Legal Entities. Mr. Mudry is also appointed a director of the Carpathian Industry Group 2014 LLC.

Burproekt LLC 2018 has developed a design project for exploration drilling at Biblivska area for drilling of four exploration wells with a depth from 3,150 m to 4,000 m.

According to ERU, on December 9, 2019, Polish Oil and Gas Company (PGNiG) and ERU Management Services (US parent company of ERU Group) signed an agreement on joint activity on exploration and production of hydrocarbons on the license area located in Lviv area near the Polish border. The agreement provides for the drilling of an exploration well with a depth of 2,500 m and the geophysical studies to design the next wells’ location.

According to an ExPro’s source, familiar with the details of the agreement, the Polish partners intend to drill about 60 wells in Poland.

12:00 / 10 December, 2019

Upcoming events
08:00 / 26 September, 2019
ODESA OFFSHORE CONFERENCE-2019 Ukraine has every chance to resume the work of the most promising oil and gas region, the Southern oil&gas fields. The untapped deposits of oil and gas are located both onshore and subsea. Four companies have already poised to conclude Production Sharing Agreements with Ukraine, whilst bidding for the Dolphin oil&gas fields on Black Sea shelf. The Odesa Offshore Conference (OOC2019) will serve as a venue for Ukrainian and international bidders to meet with local and international drilling, oilfield service and equipment manufacturers to kick-off emerging subsea and onshore projects in Ukraine.
ODESA OFFSHORE CONFERENCE-2019
12:00 / 13 June, 2019
08:00 / 23 May, 2019
Carpathian Oil&Gas Conference-2019 The development of oil&gas industry, introduction and implementation of new E&P technologies, stimulation, workovers &recovery of oil&gas wells will be among upstream focal points of the FIRST DAY of COGC2019 - 23 May. The SECOND DAY of Conference will be devoted to midstream, downstream, and trade in hydrocarbons, to spotlight the nowadays dynamics and robust changes in the Ukrainian oil&gas market. The Ukrainian Gas Market day of 24 May 2019 will become a marketplace venue for natural gas traders and natural gas transmission & distribution companies to meet and discuss prospective deals in the UAH 200 billion natural gas market of Ukraine.
Carpathian Oil&Gas Conference-2019
All events