• 2002 – 2005

    Extensive Growth

    • Successful build-up of the resources portfolio (70% growth within 3 years)
    • RussNeft among the top-10 Russian oil&gas companies by hydrocarbons production
    • Beginning of the partnership with Glencore (including participation in the charter capitals of RussNeft’s subsidiaries)
  • 2006 – 2007

    Organic Development

    • Measurable rise of the drilling activities
    • Further growth of the resources portfolio
    • Production stabilization and refining increase
    • Active well intervention works at the brown fields of the Volga river region
    Organic Development
  • 2008 – 2009

    Anti-crisis Program

    • Lower expenses and oil self-cost stabilization
    • Further growth of the resources portfolio (about 20 million tonnes)
    • Oil products sales rise (around 11%)
    Anti-crisis Program
  • 2010 – 2012

    Resuming Expansion

    • Investment program growth (60% against 2009)
    • Reserves appraisal
    • Further addition of the hydrocarbons production
    Resuming Expansion
  • 2013 – 2016

    Assets Portfolio Optimization

    • ssential reduction of the debt load
    • Conversion of the debt to Glencore into the equity capital resulting in the 25% interest of Glencore
    • Successful implementation of the gas program (APG utilization reaches 95%)
    • The actual business model of RussNeft focuses on the production segment
  • 2016

    IPO at Moscow Exchange

    • RussNeft shares were included into Quotation list 1
    • The offer price was 550 RUB per share
    • The demand exceeded the offer more than 30%
    • Significant activity was shown by individuals who filed over 2,000 bids
    • First IPO of an oil company in Russia since 2006
    • 15% of the Company’s charter capital are in free float