News
“Vedomosti”. Gutseriev has found cheap oil.
Former president of “Slavneft” Mikhail Gutseriev continues to expand his company by buying new assets. This time he bought six oil fields in Tomskaya oblast for a trifling sum. It became possible because former owners of these fields had serious problems with local prosecutors office.
Praim-TASS. “Belkamneft” plans to increase production by 12% in 2005.
JSC “Belkamneft” (subsidiary of JSC “RussNeft”) plans to increase production by 360 thousand tones – up to 3 million 300 thousand tones in 2005.
AK&M. “Belkamneft” plans to increase production by 12% in 2005.
JSC “Belkamneft” (subsidiary of JSC “Russneft”) plans to increase production by 360 thousand tones – up to 3 million 300 thousand tones in 2005.
“Interfax-ANI”. “Belkamneft” plans to increase production by 12% in 2005.
JSC “Belkamneft” (subsidiary of JSC “Russneft”) plans to increase production by 360 thousand tones – up to 3 million 300 thousand tones in 2005.
“Commersant-Dengi”. Complexes of fuel and energy complex (abstract).
The second possible strategy is the wide use of mergers and acquisitions. With the help of this strategy Mikhail Gutseriev, former president of “Slavneft”, within just a year made his new company “RussNeft” one of the top ten oil producers in Russia.