Geonadr is offering seven onshore blocks in the second licensing round which opened on 29 January 2019. Five blocks are available in the Dnieper-Donets Basin - Dobrenska, Kaliuzhna 1, North Efremivska, Opolonivska 1 and Opolonivska 2, plus Drohobytska and Kadobnianska in the North Carpathian Basin. The blocks are offered as 20 year exploration & production licences with commitments to reprocess vintage seismic in the first year (stage I), acquire new seismic over 25% of the block area in the second year (stage II), and drill before the end of the fourth year (stage III). Companies have 90 days to apply to participate in the online auction which will held on 29 April 2019 using the ProZorro online bidding system. The seven blocks (over 1,000 sq km) are part of larger total offering of 30 blocks, covering 4,630 sq km. The blocks will be auctioned in a series of competitive licensing rounds, the first 10 of which were tendered on 6 December 2018 as Round 1, with the auction scheduled for 6 March 2019. A further 13 onshore blocks are earmarked for release in Round 3 in the coming year. The auctioned licences are offered on tax and royalty terms and only available to Ukrainian-registered companies, although foreign investors can participate via a local subsidiary. International companies can directly bid in the PSA rounds or may be able to farm into existing licences which will then be converted to PSAs. Full details at http://www.goukrainenow.com/ and https://prozorro.sale/
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