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«UDS OIL» ACQUIRED A NEW ASSET IN PERM TERRITORY


«UDS Oil» is enlarging footprint in Perm territory. In June 2018 «Reef» energy company in Perm territory became a part of «UDS Oil». The main business profile of the company is oil production.

«Reef» company has the right for exploration and production at the Ilikovskiy, Kopalninsky, Verkhne-Chusovsky, Mutninsky, Luzhivskoye fields, Yegoryevsky, Elsky and Nikolsky subsoil areas located in 5 districts of Perm territory. Currently, geological exploration activities are carried out, the volume of hydrocarbon reserves is specified. Based on the results, a development program for the fields and a plan for the development of the sites will be formed.

Perm territory is one of the priority and promising areas for «UDS Oil» from the point of view of the implementation of oil and gas production projects. The purchase of «Reef» company expands opportunities for work in the region. Developing the direction of oil and gas production in Perm territory, investing in the acquired assets, «UDS Oil» contributes to the development of the economy and strengthens its position in a strategically important region.





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