Industry: Energy and chemicals region: Russian transaction price: USD1 million transaction method: equity financing
Project introduction
The Russian oil field project has land parcels with confirmed oil reserves, sales companies and infrastructure for processing and transporting oil. The basic information is as follows:
Objective: to complete the geological exploration, production and sales of oil projects
Exploitable resources: 30 million tons of recoverable resources (estimated by DeGolyer & MacNaughton)
Life: 25 years
Investments up to 2020:
● License Zone 1: RMB25,767,101.6
● Permit Zone 2: RMB10,034,853.73
Capital requirements: 839.3 million rubles (111.06 million yuan), with a loan term of 10 years and prepayment
Payback period of project investment:
● License area 1: 6 years
● License Zone 2: 5 years
General investment: 32,139 million rubles (US$ 428.52 million), including 16,122 million (US$ 214.96 million) spent on drilling in 25 years.
Development prospect of the project: the development of additional structure of the oilfield, extending to the free area outside the site, with an estimated production of 5 million tons.
Cooperation intention
The project is looking for Chinese companies to make capital investments. Please contact us for more detailed project information.