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LKOH Pjsc Lukoil

56.2184
0.00 (0.00%)
Last Updated: 00:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Pjsc Lukoil LSE:LKOH London Ordinary Share RU0009024277 ORD RUB0.025
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 56.2184 0.00 00:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Total, Lukoil Team up to Seek Shale Oil in Russia

23/05/2014 11:40am

Dow Jones News


Pjsc Lukoil (LSE:LKOH)
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PARIS--French oil major Total SA (TOT) Friday said it created a joint-venture with Russian rival Lukoil Holdings (LUKOY) to seek and develop shale oil in the Bazhenov area in Western Siberia.

Total will hold 49% in the venture and Lukoil will hold the remaining 51%, the company said.

Both companies will seek shale oil in the Bazhenov formation in Siberia in an area of 2,700 square kilometers.

The companies didn't provide information over amounts to be invested in the project.

-Write to Inti Landauro at inti.landauro@wsj.com

Subscribe to WSJ: http://online.wsj.com?mod=djnwires


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