Antika Law Firm has acted as legal advisor of Nadra Ukrayny in completion of Share Purchase Agreement on purchasing LLC Westgasinvest with the Italian Company Eni S.p.A
On October 3, 2012 National Joint Stock Company Nak Nadra Ukrayny and British Company Cadogan Petroleum Plc successfully completed Share Purchase Agreement with the Italian Company Eni S.p.A. whereby Eni has acquires 50.01% of LLC Westgasinvest for the further exploration and development of unconventional gas in Ukraine. LLC Westgasinvest currently holds subsoil rights to nine unconventional (shale) gas license areas in the Lviv Basin of Ukraine being a continuation of the Lublin Basin in Poland.
Antika Law Firm acted as legal advisor of NAK Nadra Ukrayny in agreeing a number of documents, including the share purchase agreement, the loan agreement, the operating agreement, the procedures of procurement of goods and services, the statute, internal policies and organizational structure of LLC Westgasinvest, and provided other legal services.
The team of Antika Law Firm working on this project included managing partner Alexey Kot, partner Alexander Burtovoy, and senior lawyer Ivan Zievakov.