Acquire a producing oil and gas company with proven and developable reserves over three fields
The Business
The Company is a Russian oil and gas company that holds oil and gas exploration and production licenses for three fields in the Udmurtia Republic of Russia that have 2P reserves of 19.5 million barrels and 3P reserves of 27 million barrels. Current cash generating assets have daily production of 150 tons per day. There is substantial room for additional development and upside following completion of new wells. Udmurtia is a well-developed and prolific oil province of Russia with extensive local infrastructure including pipelines, roads, electricity and water. The Company has a dedicated and professional management team.
Market

Sector: Energy
Segment: Oil Production
Region: Russia
Financing Size: $20m to $50m
Contact: Kirill Amelkovich
Company: Astor Capital Group
Telephone: +7 495 926 7314
Email: [email protected]