Zinoviy Kozytskyi acquired Geo-NadraInvest, which has a license for the development of the Hrabynska area

Zynoviy Kozytskyi, the owner of the largest group of energy companies in Western Ukraine, Zakhidnadarservice, has acquired Geo-Nadra-Invest, which holds a license for the development of the Hrabynska petroleum area in the Lviv region, from Yaroslav Kryvoshiy.

This is reported in Unified Register of Legal Entities July 9, 2021

Ihor Furta became the head of the company, having replaced Larysa Shevchenko. License No. 5005 for the mineral rights for the Hrabynska area was issued to Geo-Nadra-invest on June 14, 2019. It is valid until 2039.

It should be noted that in early June of this year, the company Nordic Bud (part of the Zakhidnadarservice group), at request of Geo-Nadra-invest LLC, published in EIA register, a declaration of intent regarding the drilling of 8 wells within the Hrabynska area for the purpose of hydrocarbons' exploration.

The TD of wells is up to 1,500m, and the expected volume of natural gas production from each well is 20-40 tcm a day.

14:55 / 26 July 2021

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