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Petrogrand provides July 2015 production update


Published Aug 18, 2015
Petrogrand AB

The total production from the Komi oil fields Dinyu-Savinoborskoe, Sosnovskoe and Yuzhno-Tyebukskoe in July 2015 amounted to 55,428 barrels of oil, corresponding to an average of 1,788 barrels of oil per day (in line with the June 2015 production). Petrogrand's share of the production amounted to 27,160 barrels of oil, corresponding to an average of 876 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 associates in Petrogrand's income statement.

Tags: Petrogrand




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