Bashneft Acquires Bashneftegazrazvedka, Which Owns a Licence Area in Bashkortostan
Bashneft acquired LLC Bashneftegazrazvedka, which holds a licence for geological exploration of subsoil blocks aimed at prospecting and evaluating hydrocarbon reserves at the Vostochno-Ikskiy licence area in the Bakalinsky District of the Republic of Bashkortostan (the licence is valid until September 1, 2018). The Vostochno-Ikskiy licence area has a total area of 1,111.4 sq. km and borders the Ilishevskoye oilfield in the north-eastand the Mustafinskoye oilfield developed …