"RussNeft" will invest 1,5 bln Rubles in development of Stolbovoye and Fedyushkinskoye oilfields in the Tomsk Region.

"Under the approved development program ZAO "Tomskaya Neft" accelerates placing in operation of Fedyushkinskoye and Stolbovoye oilfields", - as it was reported in "Tomskaya Neft". The result of exploration work, carried on the license areas, acknowledged operating potential of the oilfields. In particular, in spring 2008 at the wellsite N75 of Stolbovoye oilfield there was produced oil to the well bore in amount of 140 cubic metres per day.

The Company is going to actively develop promising areas, gravel fill roads and multiple-well platforms in the third quarter of 2008, so that in 2009 to proceed to underreaming of Stolbovoye oilfield and pilot area of Fedyushkinskoye oilfield. Herewith,  the expected rate of the annual oil production in 2010 will amount to 1,2 mln tons.

It was specified in the Company, that oil reserves in both oilfields, according to the data from the auditing company Мiller & Lentz, amounted to more than 95 mln barrels.

In the Tomsk Region OAO NK "RussNeft" also has ZAO "Sobolinoye", and enterprises, possessing upside fields: ООО "Poselkovoye", ООО "Fedyushkinskoye", ООО "Grushevoye", ООО "Stolbovoyeе", ООО "Duklinskoye". In the end of 2004 OAO NK "RussNeft" bought Cypriot Benodet Investments Ltd, possessing license agreements on 7 oilfields (Gurarinskoye, Yasnoye, Yuzhno-Tabaganskoye, Solonovskoye, Smolyanskoye, Kulbinskoye, Bolotnoye). In June 2005 the Company sealed bargain on acquisition of 62% of shares of ZAO "Tomskaya Neft" (Yuzhno-Maldzhynskoye, Verkhne-Salatskoye, Rechnoye oilfields).