On 1 April 2020, the Ukrainian Government announced the winners of a tender in the Dnieper-Donets Basin (Eastern Ukraine). York Energy Ltd (Alpha Energy, USA) was selected as the winner for the Ichnyanska block. EPH Group (Czech Republic) jointly with Nafta (Slovakia) won the Grunivska and Okhtyrska blocks. The tender was announced on 3 August 2019. The Government allowed foreign companies to participate in the future auctions and tenders without registering of legal entity in Ukraine. By the deadline on 4 February, five companies submitted bids. 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). Applications were submitted by Ukrgazvydobuvannya (UGV) jointly with Vermilion Energy and EPH jointly with Nafta.  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). York Energy was the only bidder.  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). Bidders were UGV with Vermilion Energy, EPH with Nafta and local DTEK.
Ukraine, not found