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OOO Nieftiegeoserwis signs an annex to the Concession for hydrocarbon exploration |
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Own release
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18.02.2009 |
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The Management Board of PETROLINVEST S.A. headquartered in Gdynia (the "Company") announces that it has been informed that on 18 February 2009 OOO Nieftiegeoserwis, in which the Company has a 59.99% interest, signed Annex no. 6 to the Yermolovskye Exploration Concession (the "Concession") with the Federal Agency for the Use of Mineral Resources.
The Annex prolongs the prospecting period of the Concession to 31 December 2010 and sets out a minimum work programme for the years 2009 and 2010, which involves the construction of at least one exploration well in each year and filing a report on the results of the work completed with relevant offices in 2010.
Download Current Report no. 17/2009
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