13 Oct 2009 19:06

Rosnedra to auction 4 properties in Nenets on Dec 15

MOSCOW. Oct 13 (Interfax) - Russian subsurface resource use agency Rosnedra will auction four hydrocarbon sections in Nenets autonomous district on December 15, Rosnedra said in a press release.

The four sections are the Veinutinsky, Kaminsky, Nireisky and Yanemdeisky.

The deadline for submitting the application and making the security deposit is November 13.

The starting price for the Veinutinsky section is 54 million rubles. The C3 oil resource is 4.998 million tonnes. The section covers 290.5 square kilometers.

The starting price for Kaminsky is 603 million rubles. The C3 oil resource is 49.32 million tonnes and D1 oil reserves total 14.2 million tonnes. The sections covers 1,058.4 square kilometers.

The starting price on the Nireisky section is 27 million rubles. The D1 oil resource is 8.782 million tonnes. The section covers 531.8 square kilometers.

The starting price for Yanemdeisky is 38 million rubles. The D1 oil resource is 11.6 million tonnes. The section covers 909 square kilometers.