On 3 August 2019, the Ukrainian Government announced a tender for three blocks in the Dnieper-Donets Basin (Eastern Ukraine). Applications must be submitted within three months after the announcement. The winners of the tender will sign Production Sharing Agreements valid for 50 years.  The Grunivska block covers 1,082 sq km in Sumy and Poltava oblasts and encompasses seven structures. Seventeen wells have been drilled in the block. Hydrocarbon resources of the area are estimated at 100 MMboe. Commitments during a five-year exploratory stage include acquisition of 3D seismic data and drilling of two wells with an investment of UAH 500 million (USD 20 million).  The Ichnyanska block covers 2,086 sq km in Chernihiv Oblast. Seventy wells have been drilled in the block. Hydrocarbon resources of the area are estimated at 100 MMboe. Commitments during a five-year exploratory stage include acquisition of 500 sq km of 3D seismic data and drilling of three wells with an investment of UAH 900 million (USD 35 million).  The Okhtyrska block covers 672 sq km in Sumy, Poltava and Kharkiv oblasts and encompasses six structures. No wells have been drilled in the block. Hydrocarbon resources of the area are estimated at 164 MMboe. Commitments during a five-year exploratory stage include acquisition of 3D seismic data and drilling of two wells with an investment of UAH 500 million (USD 20 million).
An auction is planned 30 Oct â19 for 20-year rights to 5 contracts in E. Ukraine, application deadline 29 October. Commitments to include 2D + 3D seismic + drilling: - Vatazhkivska, 182 sq km in the Poltavska Oblast, Dnieper-Donets Basin, starting price USD 270,000