Rosneft has been issued the license for the Yuzhno-Kuchansky site in Krasnodar
Edited by Rhod Mackenzie / 2013-03-14 07:13:45
Rosneft has been issued the license for geological exploration of the Yuzhno-Kuchansky site in the Temryuk district of the Krasnodar region.
The license was issued on March 12th 2013 until March 12th 2018. According to its conditions, Rosneft not later than on December 31st 2015 is to complete the construction of not less than one exploratory well and after the drilling of the exploratory well to hold 2D seismic exploration of not less than 30 linear km. Until Jan 31st 2018 it is necessary to hold a full analysis of all the materials of geological exploration and in case of the discovery of a deposit at the subsoil site – to receive in the proper order the conclusion of the state expertise of assessment of hydrocarbons reserves.
