11.12.2025

The State Service of Geology and Subsoil of Ukraine sold the Ostrovsk oil and gas field

The State Service of Geology and Subsoil of Ukraine sold the Ostrovsk oil and gas field, located in the Yavoriv and Sambir districts of the Lviv region, at an electronic auction. The highest bid was made by GBL-1 LLC, which will extract oil and gas on the border of Yavoriv and Sambir districts for 20 years. More information is available in the attached press release.