Acquire new oil reserves with good infrastructure accessThe Business
The Company holds several licenses to explore and use oil deposits in the Tyumen region. Eleven exploration wells have been drilled with the result that two oil reserves are estimated at 38.6 million tons (C1+C2) of recoverable deposits. The deposits are approved for trial operation. The Company plans to proceed with development and industrial exploitation.
Market
The licensed area has road, railway infrastructure, oil and gas pipelines. Oil products could be shipped by railway from a terminal located ten kilometers from the deposit. Several oil processing plants are located thirty kilometers away that could be used for storage.
Company shareholders are willing to consider a 25%-49% equity investment or a complete sale.
Sector: EnergySegment: Oil ProductionRegion: RussiaFinancing Size: More than $100mContact: Arseniy Dabbakh
Company: Rye, Man & Gor SecuritiesTelephone: +7 495 258 6262Email: [email protected]