CMS Cameron McKenna advised Kulczyk Oil Ventures (an arm of the major Polish investment companies – Kulczyk Investments), an international oil & gas exploration and development company, on its ultimate acquisition of a 70% interest in Kub-Gas, an independent natural gas producer in Ukraine. The size of the deal totalled USD 45 million. Assets of Kub-Gas consist of 4 gas fields located in Eastern Ukraine in the Dnieper-Donets basin.
CMS Cameron McKenna provided due diligence and Ukrainian law overall transaction support to a purchase side of the deal. The team of CMS Cameron McKenna team in Kyiv was led by Daniel Bilak (partner and the head of Real Estate practice group (PG)), and Christina Maciw (partner and the head of EPC (energy projects and construction) PG) and Adam Mycyk (managing partner and the head of Corporate PG). The core team of associates included Olena Brodovska, Vitaliy Radchenko. Olga Belyakova and Yevheniy Deyneko.
About EPC practice: The EPC practice group of CMS Cameron McKenna in Kyiv is in Top-3 in Energy practice (by the ranking of Ukrainian Law Firms 2009) and advises clients on all aspects of energy and infrastructure in Ukraine, including environmental and regulatory advice with regard to renewable energy projects, structuring joint ventures in the oil & gas industry and advising on roads concessions and PPPs. We are supported by our top ranked Energy & Projects practices in London and across Central and Eastern Europe as well as by our CMS organisation firms across Western Europe.
About CMS Cameron McKenna in Kyiv: CMS Cameron McKenna opened its doors in Kyiv in September 2007 and was the first UK-headquartered law firm to open in Ukraine. The office comprises of 40 lawyers, including five partners, and has already undertaken extensive work for clients such as Abris Capital Partners, ING, Wizz Air, HypoReal, Eurohypo, West LB, Swisscom AG and many others. The Kyiv office of CMS Cameron McKenna has been highly ranked in various international directories such as Chambers Global, PLC Which Lawyer? and European Legal 500. Recently CMS Cameron McKenna in Kyiv received the award for Best International Law Firm of the Year (2009) by Yurydychna Practika.