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Report summary

The Bilousivsko Chornukhinska fields are located in the Dnieper Donets Basin in eastern Ukraine and produce from Visean sandstone reservoirs at depths of 3 000 4 070 metres which is relatively shallow for this area.Small volumes of gas were produced between 1962 and 1968 before production ceased due to water influx. In October 2005 UK based Cardinal Resources gained an interest in the fields through its acquisition of Ukraine based Rudis Drilling Company for US$14.8 million. The pilot ...

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Table of contents

  • Key facts
  • Summary and key issues
  • Location maps
  • Economic assumptions
  • Economic analysis

Tables and charts

This report includes 10 images and tables including:


  • Index Map
  • Bilousivsko-Chornukhinska Map
  • Split of Revenues
  • Cumulative Net Cash Flow - Undiscounted
  • Cumulative Net Cash Flow - Discounted at 10% from 01/01/2018
  • Remaining PV Price Sensitivities


  • Key facts: Table 1
  • Economic analysis: Table 1
  • Economic analysis: Table 2
  • Economic analysis: Table 3

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