The Ministry of Natural Resources prolonged the “Saratovneftegas”’s license for Oktiabrskoye oilfield by 28 years.

28.12.2010 “Interfax”

Saratov. The Ministry of Natural Resources and Ecology of the RF has prolonged the period of validity of Saratovneftegas”s license for the right of subsoil use of Oktiabrskoye oilfield with the aim of oil and gas production,says the report of the company.

The license shall be valid up to December 21, 2038.

“Saratovneftegas” is engaged in oil and gas production at the territories of 14 districts of the Saratov Region as well as in Staropoltavsky district of the Volgograd region.

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The Ministry of Natural Resources prolonged the “Saratovneftegas”’s license for Oktiabrskoye oilfield by 28 years.

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