Ruspetro Sees Siberian License Extended

摘要

Western Siberia-focused Ruspetro said last week its Palyanovo license has been extended by the Russian Federal Subsoil Resources Management Agency until the end of the economic life of the field. The license had been due to expire this month. Ruspetro, through its wholly-owned subsidiaries OJSC INGA and OJSC Trans-Oil, holds the Pottymsko-Inginsky, Vostochno-Inginsky and Palyanovo licenses, which cover 450 sq mi of the Khanty-Mansiysk region of Western Siberia.