1 Apr 2013 17:48
Lukoil buying 100% of Samara-Nafta for $2.05 bln
MOSCOW. April 1 (Interfax) - Lukoil is buying 100% of the shares in oil producer CJSC Samara-Nafta for $2.05 billion, Lukoil said in a statement.
This works out at $3.4 per barrel of C1+C2 reserves, which are around 85 million tonnes.
Samara-Nafta produces around 2.5 million tonnes of oil per year.