Arcticneft

ZAO Arcticneft is a Russian closed stock private company founded in 1998 by OAO Arkhangelskgeoldobycha (51%) and OAO LUKOIL-Arktik-Tanker (49%) for the purpose of developing and operating the Peschanoozerskoye field on Kolguyev Island in the Barents Sea. The field was originally discovered in the early 1980s by Arkhangeloskoye Production Geological Amalgamation, a predecessor of OAO Arkhangelskgeoldobycha, and production began in 1985.

On 11 July 2005 the Company acquired 100% of the stock of Arcticneft from OAO Arkhangelskgeoldobycha and OOO LUKOIL-Kaliningradmorneft.

The term of the license is until the later of the depletion of the field or 2067.

Arcticneft Map

Share Price [UEN]

share price at 23:51
on 24/04/2017