August 2008

14.08.2008
In the first half of the year "Aganneftegazgeologia" increased net profit by 2,7 ti
Khanty-Mansiisk. August, 14. INTERFAX- In January - June 2008 ОАО "Multibusiness Company "Aganneftegazgeologia" (Nizhnevartovsk, Khanty-Mansiisk Autonomous District) increased net profit by 2,7 times against the same period in 2007 - up to 1 bln 810,885 mln Rubles, as it is reported in the Company.

The revenue made 6 bln 948,069 mln Rubles (growth by 2,8 times), sales profit - 2 bln 315,610 mln Rubles (growth by 2,8 times).
Within six months the Company produced 1 mln 12,941 thous. tons of oil, that is 2,1 times more than in the first half a year before.
At the year-end "Aganneftegazgeologia" increased net profit by 4 times - up to 2 bln 581,166 mln Rubles. Production of oil made 1 mln 326,754 thous. tons, that is 30% more than in 2006.
"Aganneftegazgeologia" develops 8 fields in Khanty-Mansiisk Autonomous District. Beginning April 2005, equity production by the Company is consolidated as part of NК "RussNeft" (it holds 51% shares).




Source: "Interfax"