Second Horizontal Well Drilling Commences

Ruspetro plc ("Ruspetro" or the "Company")

Second Horizontal Well Drilling Commences

London, 9 June 2014: Ruspetro plc (LSE: RPO) is pleased to announce that it has spudded its second horizontal well (number 251) from Pad 23b having completed drilling of the horizontal section of the first well, number 214. Production from well 251 is expected in August 2014. Well 214 is currently being completed with first production expected in July, as planned.

Enquiries

Investors / Analyst enquiries

Dominic Manley, Ruspetro

+44 20 7887 7624

Twitter: @ruspetroplc

Media enquiries

Ben Brewerton / George Parker - FTI Consulting

+44 203727 1000

About Ruspetro

Ruspetro plc is an independent oil and gas development and production company, with assets in the Western Siberia region of the Russian Federation. Our mission is to unlock the tight oil reservoirs in our asset base while building a leading regional independent E&P company in a safe and environmentally responsible manner for the long-term benefit of our shareholders.