Tatneft’s Board of Directors approves budget for October and Q4

On October 1st, 2014, the Tatneft’s Board of Directors considered the company’s budget performance for the first eight months of 2014 and approved the budget for October and the 4th quarter 2014

Besides, the Board of Directors heard information about the fulfillment of a program on super-viscous oil fields development. Currently, 31 double and 7 cyclic-steam wells are operated at the Ashalchinskoye field, the total average daily production of which exceeds 700 tons.
Also during the meeting information about the improvement of reservoir pressure maintenance system was discussed.

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