In particular, PrJSC NATURAL RESOURCES transferred UAH 350,000 to the Lokhvytsia District Hospital. The funds were used to purchase a lung ventilator without which it is impossible to treat patients with coronavirus complications.

GEO ALLIANCE Group finished 2019 having achieved all performance targets.

GEO ALLIANCE Group has started preparations to drill the first exploration well in the Myrolyubivske license (Lozova district, Kharkiv region)

Preservation of the environment during industry-specific operations is an important aspect of GEO ALLIANCE Group’s operations. We have a super-responsible approach and pay significant attention to this matter.

Occupational health and safety is a guarantee of the Company’s successful development and the safety of workplace life and health of employees. It is a mega-important focus area in the gas industry. That is why GEO ALLIANCE ranks health and safety as one of the priority directions in its activities.

This March, GEO ALLIANCE has successfully recompleted well #22 in the Lutsenkivske field, Poltava region, to an overlying formation. The operations were performed using the Company’s own resources, with a mobile drilling rig ZJ-20. As a result, gas and condensate flow rate increased considerably, which in turn had a positive effect on the LPG production.

Organization of festivals in the communities in which our companies operate is integral to GEO ALLIANCE’s social policy. That is why LLC EASTERN GEOLOGICAL UNION from our Group supported an initiative of the local community and arranged the already traditional Shrovetide festivities in the village of Savyntsi (Poltava region).