NK Lukoil OAO to Close CJSC Samara-Nafta Acquisition on April 26-Interfax

Tuesday, 23 Apr 2013 01:15am EDT 

Interfax reported that NK Lukoil OAO will close its deal to acquire CJSC Samara-Nafta on April 26, 2013, the Company's President, Mr. Vagit Alekperov, told reporters. Samara-Nafta has the rights to explore and develop more than 60 fields within 23 license areas. The commercial oil is fed to the main pipeline owned by Transneft (RTS: TRNF). The fields owned by the company are at the initial development stage and make it possible to maintain and build up the production rate. The Federal Anti monopoly Service has cleared Lukoil to buy 100% of Samara-Nafta