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SGTZY Surgutneftegas PJSC (CE)

0.62
0.00 (0.00%)
02 Jul 2024 - Closed
Delayed by 15 minutes
Name Symbol Market Type
Surgutneftegas PJSC (CE) USOTC:SGTZY OTCMarkets Depository Receipt
  Price Change % Change Price Bid Price Offer Price High Price Low Price Open Price Traded Last Trade
  0.00 0.00% 0.62 0.00 01:00:00

Russia's Surgutneftegaz Replaces More Than Double 2012 Output

26/04/2013 2:42pm

Dow Jones News


Surgutneftegas PJSC (CE) (USOTC:SGTZY)
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By James Marson

OAO Surgutneftegaz (SNGS.RS), Russia's No. 3 crude oil producer, Friday said it replaced more than double its production in 2012.

Recoverable reserves grew by 124 million metric tons in 2012, while production was 61.4 million tons, Surgutneftegaz said in a statement. The increase in recoverable reserves was due to large-scale exploration work and enhanced oil recovery projects, it said.

Write to James Marson at james.marson@dowjones.com

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