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"RussNeft" has won the auction for the right to use Kenervayskiy subsoil area in Udmurtia.

08.11.2011 "Interfax"

Izhevsk. ООО "Udmurt National Oil Company", a subsidiary enterprise of "RussNeft" (RTS: RUSN), has won the auction for the right to use Kenervayskiy subsoil area in Udmurtia.

The Company has paid 6,82 million rubles at a starting price of 6,2 million Rubles.
Oil resources in the area reach by category C3 – 375 thousand tons, by category D1 – 1,3 million tons. The plot area is 153,3 km2. Not far from its territory there are laid the railroads, highways, ports on the Kama river, next to it there are discovered several deposits. In the area there are drilled 122 structural wells, all of them are abandoned.


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