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RussNeft Transfers 51% Stake of Sobolinoye ZAO to its Assets and Liabilities Statement (Tomsk Oblast).

Oil Company RussNeft OAO has come in possession of a controlling stake at Sobolinoye ZAO, an oil producer operating in the Tomsk oblast, RussNeft said in an official statement. So on December 8 the company’s share in the chartered capital of Sobolinoye ZAO boosted from 0% to 51 %.
09.12.2005 "RBC"

NK RussNeft OAO to Start Placement of its Debut Bond Issue to 7 Billion Rubles on December 16, 2005.

Oil Company RussNeft OAO is to start placement of its debut bond issue to 7 billion rubles on December 16, 2005, an official statement of the company said. Earlier this date was mentioned as possible day of RussNeft’s bonds placement by Arthur Saribekov, a CEO of Alfa Bank, the issue leader. At Alfa Bank valuations, the rate of the first coupon covering the bonds to be determined by bidding on the date of placement will be about 9% annual.
09.12.2005 "RBC"

RussNeft announces offer covering the first bond issue for the end of sixth coupon period

On December 6 RussNeft’s Board of Directors made a decision on acquiring 7 million 01 series bonds inclusive by requests of their owners made in the last five days of the sixth coupon period.
07.12.2005 "Finmarket"

RussNeft Can Attract Funds to Develop Two Oilfields

RussNeft can obtain credits amounting to $50-90 million each to construct field facilities at the Sredne-Shaptinskoye and Yuzhno-Kalinovoye oilfields.
01.12.2005 "Oil and Gas Vertical"

RussNeft Intends to Build a Refinery in Bryansk Region.

NK RussNeft OAO is considering the possibility of constructing an oil refinery in the Bryansk region under project financing. As reported by AK&M, the mass media came to know about it from RussNeft Vice-President on Economics and Finances Olga Prozorovskaya.
01.12.2005 "Oil and Gas Vertical"