Scandoil  
Skip Navigation

AGR Petroleum Services advises on license sale for Karpinsky Oil and Gas Company


Published May 31, 2013
E-mail Print

[an error occurred while processing this directive]

Edit page New page Hide edit links

AGR Petroleum Services-2

AGR Petroleum Services has been commissioned by Karpinsky Oil and Gas Company AS (KOGC) to act as technical and financial advisor in the sale of two large exploration and production licenses in the Rostov District in Southern Russia.

KOGC, the majority shareholder in CJSC Rostneftegaz Geo (RNGG) which holds 100% of both licenses, is selling a minimum of 10 per cent stake.

KOGC plans to use the equity to finance its ongoing exploration and drilling programme, including the completion of wells in both the Gashunsky and North Donskoy license block.

The licenses, which lie in the hydrocarbon bearing Karpinsky Ridge Oil and Gas trend, cover an area of 4958km² and extend from Kazakhstan to eastern Ukraine.

Tags: AGR Petroleum Services




Advertisment:

Add a Comment to this Article

Please be civil. Job and promotion will not be added into the comment page.

(Use Markdown for formatting.)

This question helps prevent spam:

+ Larger Font | + Smaller Font
Top Stories
Aker - Haugan
New Chief Executive Officer of Aker Energy Feb 23, 2018 Jan Arve Haugan has been appointed as Chief Executive Officer of the newly established oil company Aker Energy, effective 1 March 2018. Haugan is currently the President & CEO of Kværner ASA.
Rystad Energy - Borr Drilling takes charge of the jackup market
Borr Drilling Goes From Empty-Handed to the Largest Jack-Up Driller In Just 16 Months Feb 23, 2018 “It is remarkable what Tor Olav Troim has achieved in such a short amount of time. Going from two jack-ups in December 2016 to becoming the largest jack-up provider...” says Oddmund Føre, vice president of oilfield service research at Rystad Energy.
VesselsValue logo
Borr Drilling Takes Over Paragon Offshore to Expand MODU Fleet Feb 23, 2018 Borr Drilling’s acquistion of Paragon Offshore will create a USD 3.57 billion MODU fleet.
Southwest Research Institute (SwRI) - IMSF2
SwRI to Host Inaugural International Multiphase Flow Separation Symposium Feb 23, 2018 Southwest Research Institute is bringing together oil and gas industry experts for the International Multiphase Flow Separation Symposium (IMFS2), to be held April 25-26, 2018, at SwRI’s headquarters...

[ In Russia ]

CMP Products Targets Russian Growth with Moscow Office
BP and Rosneft Create Joint Venture To Develop Prospective Resources in East and West Siberia
JKX Oil & Gas to replace the board of directors
Gazprom, DEPA and Edison sign Memorandum of Understanding
Lukoil starts exploration at Vostochno-Taimyrsky block

 

 

 

 

 


RSS
RSS
Newsletter
Newsletter
Mobile News
Mobile news
Computer
Our news on
your website

Facebook
Facebook
Twitter
Twitter
Contact
Contact
Tips
Do you have any
tips to us Stats

 

About us | Contact | Privacy |  Terms | 
Editor: Michael Rogers
Copyright 1973-2014. Scandinavian Oil-Gas Online. ISSN 1500-709X. 
Tel: +47 22 44 72 70, Fax: +47 22 44 72 87

sitemap xml