Company news in April 2004

Essence of Development is in Competition

Geophisics is a science that became a link in the complex mineral prospecting chain. One cannot do without this link now," Mr. Alexander Gladkov, Managing Director of Orenburgneftegeofizika LLC. Head of the enterprise that performs approx. 80% of specialty operations for Orenburgneft and Orenburggeologiya told about its operations. In addition to geophysical studies and work (GSW) during drilling of prospecting, exploratory, and operating wells that used to make up approx. 50% of the enterprise''s income by 2001, 70% of Orenburgneftegeofizika''s income was from GSW during overhauling of wells and control over development, which were conducted to increase crude output at existing facilities in 2003.

Source: Netfianik Orenburzhia

TNK-BP to Resolve as to Further Development of the Verkhnechonsk Deposit in May

Who Wants to Become a Ph. D at Cambridge?