Advance Energy Limited is engaged in the acquisition, exploration and development of petroleum and gas properties in Ukraine. The Ortynytska Project is located approximately 50 kilometers southwest of the city of L�viv in Western Ukraine. The Ortynytska Prospect is a Miocene gas play comprising thermogenic and microbial gas. The primary target is the Lower Dashava 15 (LD-15) sand which is located at approximately 3,500 meters and there are two deeper secondary (GA) sands at approximately 4,500 meters and 4,700 meters. The Company�s subsidiaries include Advance Exploration and Production, Inc, AEPI Midstream, Inc, Advance Wolfberry Inc, Celiastad Pty Ltd, Celiastad Holdings Ltd and Epic Energy Ukraine LLC.