Capex Data
No data yet.
Future Plans
2007/08 Exploration and Appraisal Programmes
The results of the company's most recent drilling programme, along with the seismic programmes undertaken over the last two years have already been taken into account in planning next year's three well drilling programme. This three well programme, which is expected to commence in February/March 2008, will seek to further delineate the newly discovered West Lineynoye Oil Field and to drill two low risk exploration prospects in the Tungolskoye-Lineynoye oil productive fairway. These two prospects, Korchegskaya and West Korchegskaya, are estimated to contain about 50 million barrels of possible reserves. These wells will be drilled under a turnkey contract utilising the three drilling rigs currently active or located in Licence 61. The necessary materials for these wells are currently being moved to the Negotka staging area by river barge and will be moved to the well locations when winter roads are in place later this year.
Development Planning
Once all of the well data has been analysed, both internally and by outside consultants SNIIGMS and Ryder Scott, it will be used to update the current feasibility study for field development which will then serve as a basis for financing the field development.
The export pipeline survey from the Lineynoye and Tungolskoye fields to the Transneft pipeline at the Raskino pumping station is currently underway.