Zarubezhneft demonstrates financial indicators growth in its 2017 IFRS financial statements

Financial statements confirmed the growth of all production indicators of the Company in 2017

Accumulated production at Kharyaga field amounted to 20 million tons of oil

Accumulated production at Kharyaga field amounted to 20 million tons of oil

The achievement of this figure became possible owing to the well-coordinated work of all Kharyaga PSA participants

Russian flag hoisted over the drilling vessel Valentin Shashin

The drill ship is owned by Arktikmorneftegazrazvedka, the subsidiary of Zarubezhneft JSC. The registration port of the vessel is Murmansk.

JC RUSVIETPETRO produced the 20 millionth ton of oil

JC RUSVIETPETRO produced the 20 millionth ton of oil

The Сompany's participants are Zarubezhneft JSC and Petrovietnam OGC

Zarubezhneft has completed the 2017 reserves audit

The results of the audit showed high predicted economic profitability of fields development and hydrocarbon reserves life up to 2034 (in terms of accepted production levels).