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.

Advanced 3D technology is best utilized in basins where reservoir quality and geological conditions were sufficiently complex for 3D seismic to provide a meaningful advantage, laying the foundation for the company’s business strategy. Aspect, one of Ukrianian Energy’s management companies,  held one of the largest contiguous onshore 3D seismic databases in North America, with over 12,000 square miles of 3D seismic data covering this prolific resource base. From 1998-2010, Aspect and its partners spent ≈$940 million to drill over 525 wells. Together they recognized a success rate of 59% finding 703 Bcfe in reserves worth ≈$1.89 billion (PV10). As Exploration Operator, Aspect managed ≈$540 million in investments (cumulative with partners) to drill 347 of these wells from 1998-2015, with a success rate of 61% and 452 Bcfe in reserves worth over ≈$1.25 billion (PV10). Aspects technical expertise in implementing new technology coupled with SigmaBleyzers outstanding commercial performances in Ukraine, produces the ultimate Ukrianian exploration company.

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.