Investor Presentaiton
Komi
Gross Reserves Summary (mmbbl)
1P
13.1
2P
29.9
3P
2P PV10%
51.0
$188 MM
Source D&M as at 31 December 2005
Operations (Dinyu, S. Michayu, CNPS EI, Voivozh)
•
Average production
Current: 3,920 BOPD
-
2007 est. year end: 6,900 BOPD
Remaining 2006 Activity
.
Dinyu
3 development wells
1 side-track well
-
2D seismic program
Voivozh
-
$1.5 million acquisition from LUKoil
25 million barrels C1-C2 Russian standard reserves
Mature field with development upside
Possible qualification for tax relief
2007 Activity
•
Dinyu 12 development wells plus possible exploration well
.
CNPSEI 2 development wells wells
• Voivozh work-over wells
•
Komi-wide fraccing program
Page 20
KOMI REPUBLIC
Processing Facilities at Dinyu
URALS ENERGYView entire presentation