Nadra-Geoinvest acquires Lyubynetska area in Lviv region for over UAH 110 million

Gas-MDS LLC, part of the Nadra-Geoinvest Group, acquired the Lyubynetska area in the Lviv region at an auction held by the Ukrainian Geological Survey for a price of over UAH 110 million (excluding VAT), twice the starting price. This is evidenced by the results of the bidding on Prozorro.Sales, where the auction took place on December 3, 2025, ExPro reports.

The Ukrainian Geological Survey offered the Lyubynetska area for sale (from a depth of 4,000 m), excluding the intersection area with the Dovholutska area (in the interval of absolute elevations (-) 4,700 – (-) 5,800 m). The site is granted for use for 20 years.

It is worth noting that the auction for the sale of the Lyubynetska area was postponed twice due to a lack of buyers. The initial price of the site at the auction was UAH 96.6 million, after which it was reduced to UAH 72.5 million and to the current UAH 48.3 million.

Three participants competed for the site – Naftogazsens from the DTEK Group (final offer – UAH 55.5 million), Systemoilengineering from the ESCO-Pivnich Group (UAH 110 million), and Gaz-MDS from the Nadra-Geoinvest Group, which won the auction by offering a price UAH 11 higher than the nearest competitor.

"The results of the auction demonstrate that investors consider Ukrainian subsoil promising and are ready to invest in the development of the state's energy potential. Attracting private capital to the development of deep horizons of oil and gas areas in the Lviv region is our strategic step towards strengthening the state's energy stability and independence," commented Oleh Hotsynets, Head of the Ukrainian Geological Survey.

Lyubynetska area

The Lyubynetska area is located in the Stryi and Drohobych districts of the Lviv region; the total area of the subsoil plot is 83.87 sq km. The area excluding the intersection with the Dovholutska area is 17.35 sq km. Types of minerals in the area include natural gas, oil, gas dissolved in oil, and condensate.

The geological model of the Lyubynetska area is substantiated by seismic studies, drilling data, and well testing in neighboring areas and fields. The Lyubynetska hydrocarbon area belongs to the Boryslav oil and gas bearing region. A number of hydrocarbon fields are located near the work area – Stynavske, Pivdenno-Stynavske, Oriv-Ulychnianske, Melnychynske, and Semuhynivske.

Gas-MDS

Gas-MDS LLC was founded in 1996 in Kyiv, according to data from the YouControl analytical platform. Gaz-MDS is part of Oleksandr Katsuba's Nadra-Geoinvest Group, which has been developing rapidly in recent years. As ExPro reported, in December 2023, Nadra-Geoinvest entered the top 3 private gas production companies in Ukraine.

According to ExPro Gas&Oil Monthly data, Nadra-Geoinvest produced over 43 mcm of natural gas in October 2025, 25% more than in October 2024. The company remains in third place among private gas production companies in Ukraine in terms of production volumes, second only to DTEK and ESCO-Pivnich.

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Detailed analytics of the natural gas market in Ukraine, including production, imports, exports, UGS reserves, trading results, natural gas prices, key news, etc., are published in specialized publications ExPro Daily Gas, ExPro Gas&Oil Weekly, and ExPro Gas&Oil Monthly.

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