OAO NK RussNeft announces Khanty-Mansiyskaya neftyanaya kompaniya purchase.

OAO NK RussNeft announces Khanty-Mansiyskaya neftyanaya kompaniya purchase. The Company received the relative approval from the state authorities to purchase this asset.
ZAO Khanty-Mansiyskaya neftyanaya kompaniya is located in KhMAO-Yugra and owns Vodorazdelny license, the recoverable С1+С2 resources amount to 61,5 mln tons.
Introduction of ZAO Khanty-Mansiyskaya neftyanaya kompaniya into NK RussNeft will allow fulfilling the significant potential of the company and will give new momentum to its operational development. At the same time the purchase of KhMNK will expand the integrated assets portfolio of the holding and will significantly increase the resource base of NK RussNeft Group of Companies.