Sunday, June 16, 2019
Sign-In
|
Sign-Up
|
Contact Us
|
Bookmark
Home
News
Articles
Forum
Search
Directory
Blog
Accounts
Business
|
Politics
|
Technology
|
Entertainment
|
Sport
|
Other
|
All Published News
|
Yukos has spectacularly upgraded its workable deposit estimate of Yuganskneftegaz
Yukos has spectacularly upgraded its workable deposit estimate of Yuganskneftegaz, its biggest oil-extracting affiliate. The new figures came to the Dresdner Kleinwort Wasserstein bank (DKW), which is pricing Yuganskneftegaz, soon to come up for auction, the Russian oil giant says in a press release. Based on many years' Yuganskneftegaz reserve studies, the new estimate exceeds several-fold a previously announced 3P-total of explored, prospected and extrapolated reserves-made on the standards of SPE, Society of Petroleum Engineers. The Yuganskneftegaz workable deposits are specified at 12.8 billion tons, or 93.7 billion barrels, to exceed a SPE estimate for last year's end by 10.1 billion tons (74.3 bn barrels). The SPE estimate amounted to a mere 2.7 billion tons, or 19.4 billion barrels. The new estimate promises to appear in the corporate reserve report for this year's end, though it has not yet come through a check by the DeGolyer & MacNaughton independent reserve auditors, the release goes on. As DeGolyer & MacNaughton informed Yukos, the Yuganskneftegaz reserve estimate has every chance for a big rise against what the auditors had calculated for December 31, 2003. The DKW received updated estimates with a paper and information batch to price Yuganskneftegaz. The same was offered to other companies estimating Yukos assets.
Related News
The inflow of currency to the exchange raises the gold and hard currency reserves
The Russian Vnesheconombank will be active in developing the concept of state financial support for national industrial exports
The following rates of exchange of foreign currencies to the ruble of the Russian Federation
Russia's losses connected with switching to the system of collecting the VAT in the country of consignment will reach $800
Alexei Kudrin addressed the media today on current national economic indices
The 2005 draft budget will not require revision in connection with a considerable increase of expenditures on national security and defense and on antiterrorist activity
The following rates of exchange of foreign currencies to the ruble of the Russian Federation
Russia and China refer the humanitarian cooperation to key components of the entire complex of Russian-Chinese relations
Vladimir Putin has ordered his authorized representative in the Southern Federal District Dmitry Kozak to form a public committee to help Beslan
OPEC is expected to define a fair crude price corridor and look into the possibility of changing oil production and export quotas
The Yukos case is nearing its completion
Foreign delegations are arriving in Irkutsk to take part in the Baikal Economic Forum
The Bank of Russia increased its refinancing of large banks almost twofold in August, as compared with July
The following rates of exchange of foreign currencies to the ruble of the Russian Federation
Yugansnefetgaz may be stripped of the right to produce oil
The CitiGroup bank is willing to loan approximately 300 million US dollars to Russian Railways
The weighted average dollar exchange rate on tomorrow deals was 29.22 RUR/USD at the beginning of a special session today
Moscow is now facing the moment of truth with regard to the Eastern Siberian oil pipeline
Russian aluminum industry should become the driving force of Russia's economy
GAZ-3307 automobile will be delievered to Iraq soon
Aug
September 2004
Oct
Mo
Tu
We
Th
Fr
Sa
Su
30
31
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
1
2
3
4
5
6
7
8
9
10