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Ukraine has a formidable gas shale potential within their country. Dnieper-Donets Basin is by far the geological province with the highest potential, however Carpathians and Northern Crimea should not be disregarded in this respect. Gas Shale in the US hasgained momentum over the last decade, and seem to be the catalyst for European interest in Gas Shales. Major international oil and gas companies have stated that Ukraine together with Poland would be the most attractive Gas Shale provinces in Europe. In this book we analyse the Ukraine potential, and give some insight to what this potential could be and what it takes to get it out of the ground.