“Exploration and Development of Georgia’s Hydrocarbon Resources.”                                      

Georgia Oil & Gas Limited (GOG) is a British Virgin Islands registered company focused on the Exploration and Development of Georgia’s hydrocarbon resources and the provision of selected oil and gas exploration services within the Republic of Georgia.

Since its foundation in 2010, GOG has combined one of the most prospective exploration acreages around Samgori Oil Fields (produced 200 MMbbl in 1974-1983) with total area of 2,015 km² with working interests in 3 Production Sharing Contracts (‘PSCs’) with the exploration license blocks valid until 2047 (+ 5 years possible extension).

GOG’s portfolio encompasses exploration projects with large scale upside. Within this portfolio, Martkopi Terrace prospect has the potential to be a country-changing prospect. The reservoir is part of an already prolific basin and with increasing subsurface definition through the 2026-28 work program offers an attractive prospect for farm-ins and partnership investments. GOG has a successful track-record of developing and executing a corporate strategy based our extensive regional subsurface understanding combined with international experience.

Our portfolio encompasses 22 strategic plays, 6 of which we consider as our first priority projects based on their resource numbers, geological chance of success, NPV valuation and environmental condition:

GOG’s strategic approach is to build on these firm foundations in Georgia to become one of the country’s leading oil and gas companies. Demonstrating to investors not only probable and proven resources within the license area(s) but also the potential for the further development of those resources.

GOG’s portfolio is located mainly in the productive Kura Basin and is served by existing infrastructure including three pipelines. Georgia has a positive fiscal regime and the country benefits from a stable, simple, transparent and investor friendly environment.