Ukrainian Energy LLC was established in 2018 specifically to participate in the Ukrainian oil and gas industry for the purpose of exploration and development of hydrocarbon reserves. The company is an American joint venture between Aspect Holdings, LLC and SigmaBleyzer Investment Group, LLC, which launched the New International Fund of Ukrainian Energy, International Fund for Ukrainian Energy LP (acronym IFUEL), which will focus on investments in Ukraine’s energy sector.
These partner companies are extremely successful industry leaders in their field of activity. Together, the two companies have high technical qualifications and extensive experience in the oil and gas industry, ensuring success in the field of reservoir exploration for traditional and unconventional resources. The use of advanced 3D seismic technology to identify and determine the number of hidden and unobtrusive structural and stratigraphic traps, to plan and execute multi-well drilling programs, including vertical, inclined and horizontal wellbores.
The main goal of Ukrainian Energy LLC is to see a significant increase in the production of oil and gas by private players and to achieve a strategic goal of gaining energy independence by Ukraine. The company has become the only foreign investor to independently win the 2019 PSA competition.