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“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”

“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”

“Belkamneft” in the I quarter increased its revenue by 10.3%

Izhevsk. Revenue of OAO “Belkamneft” (a subsidiary enterprise of NK “RussNeft”, Udmurtiya) according to the results of January-March 2011 amounted to 2 billion 42.813 mln. rub., increased by 10.3% as compared with the analogous last year period, as stated in the quarterly Company’s report.
16.05.2011 “Interfax”

“Saratovneftegas” in the I quarter increased its revenue 1.4 times

Saratov. Revenue of OAO “Saratovneftegas” (enters into NK “RussNeft”) (PTC: RUSN) in the first quarter of 2011 amounted to 2 billion 471.353 mln. rub. and increased by 39% as compared with the analogous period of 2010, as stated in the quarterly Company’s report.
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”