Surgutneftegaz OAO wins auction for Yuzhno-Konitlorsky oil block-Interfax


Thursday, 30 Jan 2014 01:35am EST 

Surgutneftegaz OAO:Surgutneftegaz OAO was declared the winner of the auction for prospecting, exploration and development rights to the Yuzhno-Konitlorsky licensed block in the Khanty Mansiisk Autonomous District, the district's Subsurface Resources Department told Interfax-Interfax.The company bid 2.328 billion Russian rubles for the license, which is one bidding increment above the starting price.The other participants did not bid, the department said.The bidding increment was 184.8 million Russian rubles.Rosneft and Surgut-based LLC La Manche also took part in the auction.The starting price of the one-off payment for rights at the Yuzhno-Konitlorsky licensed block was 1.848 billion Russian rubles. 

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