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RAS return of “Varioganneft” in the 1st half of 2010 grew by 25% - up to 5.142 billion rubles.

13.08.2010 "RosBusinessConsulting"

Raduzhny. The return of OAO “Varioganneft” (integrated in the structure of OAO NK “RussNeft”) under the Russian accounting standards (RAS) in the first half of 2010 grew by 25% - up to 5.142 billion rubles, from 4.111 billion rubles a year before.

As it was reported earlier, the RAS net profit of “Varioganneft” in the first half of 2010 grew by 12% - up to 251.594 million rubles up to 224.9 million rubles a year before.
OAO “Varioganneft” is integrated in the structure of “RussNeft”. The company develops eight oil fields in Khanty-Mansi and Yamalo-Nenets Autonomous okrugs: Varioganskoye, Kalinovoye, Yuzhno-Kalinovoye, Novo-Aganskoye, Valiuninskoye, Tagrinskoye,  Zapadno-Varioganskoye, Yuzhno-Yarainerskoye. As of 1.01.2010 their net effective pay is assessed as 174 million tons. The level of annual production output of the company in 2009 amounted to 2 million 286 thousand tons. The RAS net profit of OAO “Varioganneft” in 2009 as compared with the year 2008 grew 4.6 times and amounted to 957 million rubles.

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