"Volga Region Oil” signed contracts for the lease of oil wells

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"Volga Region Oil” signed contracts for the lease of oil wells

The subject of the contract are wells number 1 and number 4 of the South Coastal (Yuzhno-Pribrezhnoye) area, located in the Saratov region. The oil well number 1 was drilled at the expense of the company’s own funds, the well number was withdrawn from long-term conservation. The company plans to conduct a set of research activities aimed at obtaining factual material, identifying productive strata and determining their oil-saturated boundaries.

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