Description

The Group offers for sale CJSC package of licensed fields, in production and new, to explore and produce hydrocarbons, oil and gas.
The proven reserves exceed 17m+ barrels.
Sale price of 100% is $30m.
You may develop and then sell, exit any of your licensed areas.

As ongoing concern, current production is 370 BOPD from 3 of 4 fields (1new conserved still).
Scalable output may grow over fivefold if specialist operator.
Now owns 18 initial wells & equipment producing oil&gas.

Established onshore, located in Russia.
Absolute clean title got from auction.
All federal oil leases and licenses are in place.
Totals proved reserves: producing, non-producing, undeveloped and probable.
Verified by reputable independent analyst.

We are a group of oil and gas professionals who are seeking funding for acquisitions of proven oil/gas fields with infrastructure in place for further development.
We have a proven track record of finding and developing bypassed reserves.

Available for JV, option, or outright purchase.
If agreed we can retain up to 5% equity for ongoing and possible future nominal management and up to 15% equity for full effective administrative management.
Would consider all offers.
May, 2011

Posted Mar 21, 2011

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