Houston-based SigmaBleyzer private equity firm wants to invest $100 million in exploring and producing oil and gas in Ukraine,

Houston-based SigmaBleyzer private equity firm wants to invest $100 million in exploring and producing oil and gas in Ukraine, the State Geology Service reports after a meeting Monday in Kyiv between Oleg Kirilyuk, head of the agency, and Michael Bleyzer, president and founding partner of the firm. With $1 billion reportedly invested in Ukraine over the last 24 years, Bleyzer said his company’s strategy in energy will be to explore large green field sites and to produce under production sharing agreements. Kirilyuk listed the pro-producer rule changes that adopted in the last year and promised: “Today, we can offer you up to 50 promising oil and gas fields on the shelf and land.” Sigma Bleyzer also is mulling setting up an energy investment fund for Ukraine.