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Gas field discovery in Kalmykia

14th May 2009 11:49

RNS Number : 2501S
O.A.O. Tatneft
14 May 2009
 



14 May 2009

OAO Tatneft (the "Company") made the following announcement:

Discovery of gas field in Kalmykia

OAO Kalmneftegaz, an equity investee of the Company in which it owns 50% shares, discovered a gas field in the northern part of Kalmykia, a region in the south of Russia. As a result, OAO Kalmneftegaz booked gas reserves in the amount of 35 bln cubic meters (C1+C2 categories) in accordance with Russian reserves booking standards.

Forward-looking statements: This announcement may contain certain forward-looking statements of OAO Tatneft. OAO Tatneft does not guarantee occurrence of any events mentioned in such statements as well as term of their occurrence.

This information is provided by RNS
The company news service from the London Stock Exchange
 
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