EKKOIL is one of the leading energy companies in Russia and the world, with dozens
of projects in the South and North of European Russia, in Siberia, Russia’s Far East,
as well as in Kazakhstan and Algeria.
Today, the Company’s subsidiaries are
developing...
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EKKOIL is one of the leading energy companies in Russia and the world, with dozens
of projects in the South and North of European Russia, in Siberia, Russia’s Far East,
as well as in Kazakhstan and Algeria.
Today, the Company’s subsidiaries are
developing and operating over 300 oil and gas fields.
EKKOIL enjoys a crucial competitive advantage due to its vast, high-quality oil
reserves.
The Company’s reserves total over 10 billion barrels of proved, probable
and possible oil and gas reserves.
EKKOIL has one of the world’s highest proved
reserves of liquid hydrocarbons among publicly traded companies.
The Company’s oil reserves are sufficient to last for three decades at the production
level achieved in 2006.
Despite its wealth of reserves, the Company is continuing
to increase its resource base both through geological research at existing fields and
structures, and through acquisitions.
In 2006, the replacement ratio of proved
hydrocarbon reserves including acquisitions reached 2
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