Burisma

Burisma is a private oil and gas company operating in Ukraine. Having started in 2002, the Company has grown rapidly to become one of Ukraines largest independent gas producers, with licences covering the countrys three key hydrocarbon basins, including Dnieper-Donets, Carpathian and Azov-Kuban. In September 2013, Burisma had average daily production of 10.5 ths boepd. All of Burismas production is sold to industrial customers in Ukraine. Burisma has a very strong reserve base as audited by independent consultant DeGolyer & MacNaughton in August 2012 and in July 2013 that would enable the company to at least double its current average daily production of 10.5 ths boepd within two years. The Company is unique in the way it has successfully applied cutting edge technology in Ukraine and now has an unrivalled record of successful drilling in the country. The Companys licences are well diversified across the Countrys three key hydrocarbon basins. The reserve and resource base is...