November 2008

12.11.2008
In January-September net profits of “Aganneftegeologia” increased 1.7 times
Khanty-Mansiisk, November 12, INTERFAX – In January-September of the year 2008 OAO “Multi-profile company “Aganneftegeologia” ) Nizhnevartovsk, Khanty-Mansi Autonomous District) built up it net profit 1.7times as compared with the results of the analogous period of 2007 – up to 3 billion 14.617 million rubles, according to the company’s report.

The company’s yield amounted to 10 billion 643.543 million rubles (2.3 times growth), sales revenue made 3 billion 676.279 million rubles (doubled). During 9 months the company produced 1 million 485.245 tons of oil, this number 1.7 times exceeds the result of the previous year. “Aganneftegeologia” is developing 6 oilfields in Khaty-Mansi Autonomous District. Since April 2005 the company’s production  consolidated as part of production of Oil and Gas Company “RussNeft” (RTS: RUSN) (owner of  51% of shares).

Source: “Interfax”