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Petrogrand provides October 2015 production update


Published Nov 17, 2015
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The total production from the Komi oil fields Dinyu-Savinoborskoye, Sosnovskoye and Yuzhno-Tebukskoye in October 2015 amounted to 57,399 barrels of oil, corresponding to an average of 1,852 barrels of oil per day (a slight decrease of 4 per cent compared to 1,939 barrels of oil per day in September 2015).

Petrogrand's share of the production amounted to 28,126 barrels of oil, corresponding to an average of 907 barrels of oil per day.

The Komi oil fields are held by Petrogrand's associated company Ripiano Holdings Ltd. Petrogrand holds 49% of the shares in Ripiano. The results of Ripiano are reported as the results from associated companies in Petrogrand's income statement.

Tags: Petrogrand




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