Geo Alliance Group

Name

Geo Alliance Group

Legal name

Geo Alliance Group

Website

https://geo-alliance.com.ua

Company type

Private

Founded year

2004

Operating status

Operating

Headcount range

51–100 employees

Ownership category

akta.pro rank

Product category

Oil and Gas Production

NAICS

Natural Gas Extraction (21113), Crude Petroleum Extraction (21112), Geophysical Surveying and Mapping Services (541360)

SIC

Crude Petroleum & Natural Gas (1311)

akta.pro primary industry

Mineral Exploration & Geoscience Services (Geology, Geophysics, Geochemistry, Resource Modeling) (IMAKAKAA)

Keywords

• Natural gas production
• Gas condensate extraction
• Oil and gas exploration
• LPG production
• Hydrocarbon upstream operations

Headquarters

HQ city

Kyiv

HQ country

Ukraine

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Operations, Infrastructure, Technology or R&D, Personnel, Others

Revenue model

1. Natural Gas Sales: Geo Alliance supplies natural gas of its own production directly to consumers without intermediaries. Contracts are concluded directly between the consumer and the Group's gas producer. Gas prices are negotiable depending on payment schedule, delivery volumes, and pre-contractual counterparty check results.
2. Gas Condensate, Crude Oil, and LPG Sales: Geo Alliance regularly organizes electronic tenders on the SmartTender.biz platform to sell gas condensate, crude oil and LPG of its own production. Sales are conducted on 100% prepayment and self-delivery basis. PrJSC Natural Resources and LLC Eastern Geological Union are the main producing entities.

Pricing tiers

Go-to-market motion2 records

Distribution channels2 records

Marketing channels5 records

Core offering

Geo Alliance Group is one of Ukraine's largest private producers of natural gas and gas condensate, also producing crude oil and LPG. It explores, develops, and extracts hydrocarbons through 17 legal entities and sells natural gas directly to industrial consumers while selling condensate, oil, and LPG via electronic tenders.

Product overview

Geo Alliance Group operates as an oil and gas production company with a portfolio of four main product lines: natural gas (supplied directly to consumers), gas condensate, crude oil, and LPG (liquefied petroleum gas). The group consists of 17 legal entities, with the largest being PrJSC Natural Resources and LLC Eastern Geological Union. Natural gas is sold directly to consumers without intermediaries, while gas condensate, crude oil, and LPG are sold exclusively through electronic tenders on the SmartTender.biz trading platform with 100% prepayment and self-delivery conditions.

Differentiator

Problem solved

Functional benefit

Products and services

• Natural Gas Supply Direct supply of natural gas from the company's own production to industrial consumers without intermediaries. Contracts are concluded directly between gas consumers and the Group's gas-producing companies, guaranteeing security of supply with negotiable pricing based on volume and payment terms.
• Gas Condensate Gas condensate produced from the company's extraction operations, sold through electronic tenders on the SmartTender.biz trading platform with 100% prepayment and self-delivery terms.
• Crude Oil Crude oil of the company's own production sold through electronic tenders on the SmartTender.biz trading platform with 100% prepayment and self-delivery terms.
• LPG (Liquefied Petroleum Gas) Liquefied petroleum gas produced by the company, sold through electronic tenders on the SmartTender.biz platform. Geo Alliance is the largest private producer of LPG in Ukraine.

Quantifiable outcome

• 210 million cubic meters of natural gas produced in 2019
• +4 more outcomes

Named customers1 record

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration1 record

Feature3 records

Partnerships

Nine partnerships are on record, tiered core and minor.

• Association of Gas Producers of Ukraine (AGPU)coreStrategic or Co-development PartnerIn March 2016, GEO ALLIANCE Group initiated the creation of the Association of Gas Producers of Ukraine (AGPU). The Association's objectives include achieving Ukraine's energy independence by increasing domestic gas production, creating a favorable investment climate, and implementing global best practices. GEO ALLIANCE is one of seven producers accounting for 88% of Ukraine's total natural gas production.
• American Chamber of Commerce in UkraineminorOthersGeo Alliance Group is a member of the American Chamber of Commerce in Ukraine, participating in the business community life.
• European Business AssociationminorOthersGeo Alliance Group is a member of the European Business Association, participating in the European business community life.
• British-Ukrainian Chamber of CommerceminorOthersGeo Alliance Group is a member of the British-Ukrainian Chamber of Commerce, participating in bilateral trade and business activities.
• Newfolk OGCCminorStrategic or Co-development PartnerGEO ALLIANCE Group was a partner of the 5th International Oil and Gas Conference held by Newfolk OGCC in Lviv in June 2018. Commercial Director Tengiz Mustafaev participated in the strategic session discussing partnership and development of Geo Alliance Group and service companies in Ukraine's oil and gas market.
• Engineering Centre PoltavaminorStrategic or Co-development PartnerGEO ALLIANCE Group partnered with Engineering Centre Poltava and Newfolk OGCC to host the 7th International Industry Forum Enhancing Efficiency of Hydrocarbon Production at Oil and Gas Fields of Ukraine in Poltava in March 2021.
• National University Poltava Polytechnic named after Yu. KondratyukminorStrategic or Co-development PartnerThe 7th International Industry Forum was hosted by National University Poltava Polytechnic named after Yu. Kondratyuk. GEO ALLIANCE Group was a partner of the event, and involvement of students from the university was noted as an important aspect.
• Adam Smith InstituteminorStrategic or Co-development PartnerGEO ALLIANCE Group became a partner of the 7th Ukrainian Energy Forum, which is organized annually by the Adam Smith Institute. The company also participated in the 6th edition of the forum.
• Society of Petroleum Engineers (SPE) Eastern EuropeminorStrategic or Co-development PartnerGEO ALLIANCE Group provided exclusive sponsor support for SPE Eastern Europe Subsurface Conference in November 2021, enabling 50 students from Ukraine's industry-specific educational institutions to attend for free.

Scale indicators9 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Smart Energy Group: Ukrainian private gas producer focused on natural gas extraction and direct sales to industrial consumers. Closely comparable to Geo Alliance as a private Ukrainian upstream gas producer with a similar direct-to-customer business model and customer base.
• Burisma Group: One of the largest private gas producers in Ukraine, operating multiple license areas across the country. Directly comparable to Geo Alliance as a private Ukrainian upstream gas producer with similar exploration, drilling, and production activities.
• JKX Oil & Gas: London-listed oil and gas company with primary operations in Ukraine. Comparable to Geo Alliance as an upstream gas producer focused on Ukrainian license areas, though operating at smaller scale.
• Cadogan Petroleum: UK-listed upstream oil and gas company with gas operations in Ukraine. Directly comparable in terms of Ukrainian gas exploration and production activities, with similar size range to Geo Alliance.
• Ukrnafta: Ukraine's largest oil producer, partially state-owned, operating extensive upstream oil and gas assets. Directly comparable to Geo Alliance in Ukrainian upstream operations, though more weighted toward oil than gas.
• DTEK Oil & Gas: Ukrainian gas production operations within the DTEK energy conglomerate. Directly comparable as a Ukrainian gas producer with exploration, drilling, and production activities across multiple license areas, though bundled within a broader energy group.

Broad incumbents

• Naftogaz of Ukraine: Ukraine's state-owned national oil and gas company dominating domestic gas production, transmission, and storage. Operates in the same Ukrainian gas market as Geo Alliance but at vastly larger scale and across the entire gas value chain rather than focused upstream production.

Emerging players

• Serinus Energy: Small-cap oil and gas producer with operations in Ukraine and Romania. Comparable to Geo Alliance in Ukrainian upstream activities but with additional geographic exposure and meaningfully smaller scale.

Regional players

• MOL Group: Hungarian-headquartered integrated oil and gas major with operations across Central and Eastern Europe. Comparable as a regional upstream gas producer operating near Geo Alliance's geography, though much larger and integrated downstream.
• RAG Austria: Austrian gas producer focused on production and storage operations. Comparable as a regional European upstream gas producer, though operating in Austria rather than Ukraine and at smaller scale.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks7 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/geoalliancegroupukraine
• LinkedInlinkedin.com/company/geo-alliance-group

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Subsidiaries11 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Geo Alliance Group