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

yes

Lyudmyla Kuchmenko

Chief Executive Officer

Lyudmyla Kuchmenko

Chief Executive Officer

Lyudmyla has worked in the oil and gas sector for 17 years. She joined the Company in 2004. She has been CEO since 2013, before that, she was Head of Finance Department

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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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Maksim Kvasolya

Chief Financial Officer

Maksim Kvasolya

Chief Financial Officer

Maksim has worked in finance and economics for over 20 years. He has held the position of the Company’s CFO since 2014.

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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. Oleksii has been Head of GEO ALLIANCE GROUP’s Sales since 2014.

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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