Sakhalin oil, gas and condensate field was opened in the Kharkiv region

Sakhalin field was put into experimental-industrial development

Registration of PrJSC "MC "Ukrnaftoburinnya" (UNB)

UNB received special permit for the usage of Sakhalin field and started its commercial development

UNB increased volumes of natural gas production by 80% and oil production by 45% as a result of overhauls of 12 oil and gas wells. Volumes of hydrocarbons production at Sakhalin field (including joint arrangements) increased 3 times

The Company drilled 2 new super-deep wells and conducted overhaul of 2 wells, which resulted in 20% production increase.

UNB increased natural gas production by 40% due to commissioning of new gas-condensate well. Hydrocarbons production volumes of Sakhalin field (including joint arrangements) increased by 35%. The Company conducted a 3D-seismic survey of Sakhalin field to assess its potential.

UNB drilled 3 new gas wells, completed the overhaul of 4; as a result production growth in 2016 amounted to 66%. The Company began to actively trade in hydrocarbons, monthly sales volumes increased by 3 times – from 20 to 60 mln. cubic meters. Geological and technical team of UNB was strengthened by specialists with international experience.

UNB further invests in exploration and drilling operations. The Company completed 2 new wells and spudded 2 wells with planned completion in 2018.