AT THE BEGINNING OF 2017, THE RESERVES OF RUSSNEFT AMOUNT TO 1.08 BLN BARRELS OF OIL AND 26.1 BLN M³ OF GAS

16.02.2017 INTERFAX

Moscow. RussNeft’s proved reserves as of January 1, 2017 amounted to 1.08 billion barrels of crude oil and 923.5 billion cubic feet (26.1 billion cubic metre) of gas.

According to the Company`s report, oil and gas reserves of the Company have passed the audit of the American Miller and Lents in compliance with Petroleum Resources Management System (SPE-PRMS).

The Company`s reserves of all categories total 100% of reserves of the companies, incorporated into PJSC “RussNeft”.

RussNeft has provided an update on its forest restoration efforts in Siberia.

The company announced that it will expand its reforestation activities by an additional 171 hectares in 2026. Since 2017, RussNeft has planted over 3,272,000 saplings across 875 hectares. Furthermore, the company has carried out silvicultural maintenance—including care for both previously planted and newly planted trees—covering an area of 264 hectares.

RussNeft Announces Support for Regional Social Development

PJSC “RussNeft” continues to assist educational institutions serving children with disabilities.

RussMeft Supports Sports Tournaments in the Regions

PJSC “RussNeft” continues to support regional sports initiatives. In the Khanty-Mansi Autonomous Okrug – Yugra, the Company supported the Open Boxing Championship for the Nizhnevartovsky District Head’s Cup.

AT THE BEGINNING OF 2017, THE RESERVES OF RUSSNEFT AMOUNT TO 1.08 BLN BARRELS OF OIL AND 26.1 BLN M³ OF GAS

More news

RussNeft has provided an update on its forest restoration efforts in Siberia.

RussNeft Announces Support for Regional Social Development

RussMeft Supports Sports Tournaments in the Regions