THE GEO ALLIANCE GROUP IS ONE OF THE LARGEST PRODUCERS OF GAS AND GAS CONDENSATE IN UKRAINE. IT CONSISTS OF 17 LEGAL ENTITIES, OF WHICH THE BIGGEST ONES ARE PrJSC NATURAL RESOURCES AND LLC EASTERN GEOLOGICAL UNION.

Strategy

Production growth

One of the main directions of Geo Alliance’s development is enhancement of hydrocarbon production. Under favorable conditions, we plan to increase our production using intensive drilling programme and modern stimulation techniques.

Development of the resource base

Geo Alliance has a diversified portfolio of license areas and is currently developing digital 3D geological models for all of its assets.

Focus on profitability

Geo Alliance maintains high level of operational efficiency by combining base drilling and workover services from local contractors and modern high-tech equipment and services from industry-leading international suppliers.

values

Ecology and environmental management

Reducing the impact
of drilling sites
and industrial infrastructure
on the environment

Resource saving
and elimination
of wastage

Minimisation of harmful
emissions

Implementation of environmental
management system

People

Protection in accordance
with the best international
HSE practices

Investments in
development

Support of
corporate
culture

Social
protection

Ensuring
the rights and interests
of employees

Social and public programs

Health and education
projects

Participation in repair
and construction of
infrastructure facilities

Cooperation with communities
and local governments

Management

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Maksim Kvasolya

Chief Executive Officer

Maksim Kvasolya

Chief Executive Officer

Maksim has worked in finance and economics for over 20 years.  He was appointed as the Group CEO in June 2024. Before that, for more than 10 years, he occupied a position of CFO

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Andrii Leskiv

Chief Operating Officer

Andrii Leskiv

Chief Operating Officer

Since 1993 till 2002 Andrii worked his way from driller to lead engineer-technologist in a state-owned company Ukrburgaz. In 2002 he participated in setting up a drilling company LLC DC Ukrburservis which, with Andrii being Deputy Director for Technical Issues, drilled over 75 deep wells. He has held the position of Chief Operating Officer since August 2023

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Olga Sagun

Chief Financial Officer

Olga Sagun

Chief Financial Officer

Olga has over 20 years’ experience in finance, accounting and audit. She is a Fellow of the Association of Chartered Certified Accountants (ACCA) and ADIT Affiliate from Chartered Institute of Taxation, London, UK.
Olga joined Geo Alliance in 2012 and became Head of Group Financial Reporting in 2016.
She was appointed as Chief Financial Officer in July 2024.

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Oleksii Shevelov

Director of Sales and Procurement Department

Oleksii Shevelov

Director of Sales and Procurement Department

Oleksii has higher economic and legal education. He has worked in the petroleum industry for over 20 years. From 2014 to 2023 he occupied a position of Director of GEO ALLIANCE GROUP Sales Department. In 2023 he was appointed as Director of Sales and Procurement Department

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Illia Zamakh

Head of the Legal Department

Illia Zamakh

Head of the Legal Department

Illia has worked in law for over 20 years, including over 15 years on executive positions. He has been Head of Legal Department since 2011

Membership in associations

Geo Alliance actively participates in the life of business community and is a member of the following organizations:

The American Chamber of Commerce in Ukraine

European Business Association

Association of gas producers of Ukraine

British-Ukrainian Chamber of Commerce