Abstract
New geological data of the south regional fault studies is presented. The most prospective area occupies extreme south-east of the Mikhailivsko-Leventsivskiy anticline slope. Layers of Carboniferous and Devonian are considered prospective according to geological and geophysical survey results. Methods and scope of exploration are identified by positive results provided by drilling in the adjacent areas of single exploratory and prospecting wells and by data of analog fields such as Leventsivske, Golubivske and Illichivske as well as other factors that prove feasibility of further geological exploration aimed to discover new deposits. 
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