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OAO AKI-OTYR continues exploration at Shapshinskaya group of fields

Khanty-Mansiysk. OAO NAK AKI-OTYR (subsidiary of NK RussNeft) continues exploration in the fields of Shapshinskaya group. As of today, the field seismic exploration works by the 3D common depth point method have been completed at Verkhne-Shapshinsky and Sredne-Shapshinsky license areas. The obtained seismic data are currently processed and interpreted as a complex.
28.05.2012 “Oil capital”

Varioganneft young professionals took part in the XII Conference of youth contest “Golden future of Ugra”

Raduzhniy, KhMAO. Young professionals of OAO NK RussNeft subsidiary enterprise participated in the XII Conference of the district youth contest “Golden future of Ugra”, held on May, 23 in Ugra capital, informed the press-service of the enterprise.
25.05.2012 “Expert-Ural”

OAO Saratovneftegas put into operation storage facility for industrial waste products

Saratov. OAO Saratovneftegas, a subsidiary production enterprise of OAO NK RussNeft, has put into operation storage facility for industrial waste products with a high content of natural radionuclides of II category (oil sludge, contaminated soil, etc.).
23.05.2012 “Vsglyad-Info”

RussNeft’s AGM slated for June 28.

Moscow. NK RussNeft’s (RTS: RUSN) Annual General Meeting of Shareholders is scheduled for June 28, the Company said in a statement. The Meeting’s agenda includes approval of the annual report, annual financial statements, distribution of profit based on the results of financial year 2011, election of the members of the board of directors, the members of the Auditing Committee, approval of an auditor.
23.05.2012 "Interfax"

In Q1 RussNeft boosted its revenue by 13% according to IFRS

Moscow. In Q1 NK RussNeft’s (RTS: RUSN) revenue increased by 16.6% and made $1.4 bln, the Company said in a statement. OIBDA grew by 33.4% to $ 468 million. The debt of RussNeft has decreased from $ 5.061 billion to $ 4.957 billion.
22.05.2012 "Interfax"