RF Ministry of Natural Resources has extended exploration and mining license for OAO "Saratovneftegaz" within the bounds of Radishchevskoye-Gartovskoye oil and gas field up to December 31, 2038. The news is reported by the Company.
Ulianovsk. In 2009 pursuant to the terms and conditions of the license agreement, geological service of "Ulianovskneft" is going to undertake 2-D seismic exploration works in amount of 600 lineal kilometers at Pavlovsky area. The seismics will provide location of deep exploration wells at the territory.
Orenburg, March 6, INTERFAX- Net loss of OAO "Neftemaslozavod" (Orenburg region), a sudsidiary of Oil and Gas Company "RussNeft" (PTC: RUSN), amounted in the fourth quarter of 2008 to 6.045million rubles as compared with net profit in amount of 151.924 million rubles in the third quarter of 2008, says the company's report.
Tomsk. March, 2. INTERFAX - The Department for subsoil use and oil and gas complex development in Administration of the Tomsk Region told Interfax, with reference to the news item of the Company, that in 2009 ZАО "Tomskaya Neft" (a subsidiary enterprise of NК "RussNeft" (RTS: RUSN) is going to increase oil production by 18,6% as compared to the previous year - up to 268,689 thous. tons.
