ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for charts Register for streaming realtime charts, analysis tools, and prices.

73DK Investec Bnk 25

0.00
0.00 (0.00%)
Name Symbol Market Type
Investec Bnk 25 LSE:73DK London Medium Term Loan
  Price Change % Change Price Bid Price Offer Price High Price Low Price Open Price Traded Last Trade
  0.00 0.00% 0 -

Acquisition of 35.3% Stake in Taas-Yuryakh (4384Z)

15/03/2012 1:29pm

UK Regulatory


Investec Bnk 25 (LSE:73DK)
Historical Stock Chart


From Dec 2019 to Dec 2024

Click Here for more Investec Bnk 25 Charts.

TIDMROSN TIDM73DK

RNS Number : 4384Z

OJSC OC Rosneft

15 March 2012

Rosneft Closes Acquisition of 35.3% Stake in Taas-Yuryakh Project from Sberbank

Rosneft has closed a deal to acquire a 35.3% stake in Taas-Yuryakh Neftegazodobycha from Sberbank. The value of the deal was set to correspond to the historic cost of the project for Sberbank, equalling $444 million.

Notes for editors:

Taas-Yuryakh Neftegazodobycha is the holder of oil production licences for the Srednebotuobinsk oil and gas condensate deposit, which is situated 160 km north of the ESPO crude pipeline. C1 category oil reserves are estimated to stand at 90.9 million tonnes and 2 category reserves at 38.9 million tonnes. Due to its scale, on March 18, 2010 the Srednebotuobinsk oil and gas deposit was included in the list of deposits of federal importance.

Until 2009, the 35.3 percent stake in Taas-Yuryakh Neftegazodobycha was held by Urals Energy, which in the course of the financial crisis in 2008-2009 had to hand over the asset to Sberbank Capital to cover overdue loans.

The remaining stakes are held by Yakut Energy Limited (37.4 percent) and Finfund Limited (16.8 percent), as well as Limenitis Holding Limited (10.5 percent). The latter is part of the Ashmore Investment Management Group.

Rosneft Information Division

Tel.: +7 (495) 411 54 20

Fax: +7 (495) 411 54 21

March 15, 2012

These materials contain statements about future events and expectations that are forward-looking in nature. Any statement in these materials that is not a statement of historical fact is a forward-looking statement that involves known and unknown risks, uncertainties and other factors which may cause actual results, performance or achievements expressed or implied by such forward-looking statements to differ. We assume no obligations to update the forward-looking statements contained herein to reflect actual results, changes in assumptions or changes in factors affecting these statements.

This information is provided by RNS

The company news service from the London Stock Exchange

END

ACQEADDSFAXAEFF

1 Year Investec Bnk 25 Chart

1 Year Investec Bnk 25 Chart

1 Month Investec Bnk 25 Chart

1 Month Investec Bnk 25 Chart

Your Recent History

Delayed Upgrade Clock