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Mr Gutseriev Goes Abroad

President and the principal owner of RussNeft Mikhail Gutseriev obtained oil-producing assets abroad. On Friday, Mr. Gutseriev signed an agreement with State Oil Company of Azerbaijan Republic (SOCAR) on a joint project Zykh – Govsany, priced at $180 mln.
07.11.2006 "Vedomosti"

New Oil Project in Azerbaijan

Another Russian company will participate in Caspian fields development.
07.11.2006 "Nezavisimaya gazeta"

RussNeft and SOCAR (State Oil Company of Azerbaijan Republic) have signed a contract on exploration and development of the Govsany-Zykh block

Baku. November, 3. INTERFAX – AZERBAIJAN – State oil company of Azerbaijan Republic (SOCAR) and OAO Oil and Gas Company RussNeft formed an agreement on exploration, development and production sharing for the Govsany-Zykh block of fields. The document has been signed by President of SOCAR Rovnag Abdullaev and Persident of RussNeft Mikhail Gutseriev, Interfax – Azerbaijan’s correspondent communicated from the ceremony of signing.
03.11.2006 "Interfax"

OAO Varyoganneft Celebrates its 30th Anniversary

Raduzhniy, the Khanty-Mansiyskiy Autonomous District. OAO Varyoganneft, Raduzhniy’s oldest company and subsidiary of OAO Oil and Gas Company RussNeft celebrates its 30th anniversary.
02.11.2006 "RusEnergy"

OAO Varyoganneft Celebrates its 30 th Anniversary

An oldest OAO Oil and Gas Company RussNeft’s subsidiary OAO Varyoganneft with its 30 years’ history can reasonably be proud of its success. During all these years company’s staff have been solving responsibly serious and complicated issues of development and operation of the unique multihorizon field Varyoganneft.
02.11.2006 "RTV"