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“Saratovneftegas” implements exploration drilling at Osinovskoye oilfield

Saratov. ZAO “Saratov-Burenie”, a subsidiary enterprise of OAO “Saratovneftegas” (enters into OAO NK “RussNeft” group of companies) has completed drilling of exploratory well within Osinovskoye oilfield, situated in Engels district of Saratov region.
19.05.2011 “Saratovnews”

Orsk Refinery held a charity action

Orsk. OAO “Orsknefteorgsintez”, a subsidiary enterprise of NK “RussNeft”, held a charity action of beautifying the city. In Orsk “Severniy” park oilmen planted 260 young trees and bushes.
18.05.2011 “Neft Rossii”

“Varioganneft” in the I quarter increased revenue by 47%

Raduzhniy. KhMAO. OAO “Varioganneft” (a subsidiary enterprise of NK “RussNeft” (PNC:RUSN) in the I quarter of 2011 increased its revenue, calculated according to Russian accounting standards, by 46.7% as compared with the analogous period of last year – up to 3 billion 443.054 mln. rub.
16.05.2011 “Interfax”

License validity period for Kulikovskoye oilfield of “Saratovneftegas” was extended to 27 years

Saratov. Ministry of natural resources of the Russian Federation extended until 2038 the “Saratovneftegas” license for the right to use the subsoil to produce oil and gas at Kulikovskoye oilfield in Saratov region.
16.05.2011 ”Versiya-Saratov”

“Orsknefteorgsintez” in the I quarter increased its revenues by 12%

Orsk. Revenues of “Orsknefteorgsintez” (enters into NK “RussNeft” (PTC:RUSN) in the I quarter of 2011 amounted to 1 billion 109.407 mln. rubles and increased by 12% as compared with the I quarter of 2010, as stated in the quarterly report of the enterprise.
16.05.2011 “Interfax”