The company obtained a license for the right to use the subsoil in the South Coastal area of the Rovensky district of the Saratov region

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The company obtained a license for the right to use the subsoil in the  South Coastal area of the Rovensky district of the Saratov region

Administration of the Rovensky district issued a license number “СРТ 01341НЭ” to the “Volga Region Oil” company, which gives the right to explore and produce hydrocarbons in the South Coastal (Yuzhno-Pribrezhnoye) area. The area of the license is 12 square km. The boundaries of the subsoil plot are limited by a contour with the following geographical coordinates of its corner points:

1) 50° 52′ 39″ N | 46° 08′ 09″ E
2) 50° 52′ 39″ N | 46° 11′ 31″ E
3) 50° 51′ 00″ N | 46° 11′ 31″ E
4) 50° 51′ 00″ N | 46° 08′ 09″ E

For the period of exploration of the South Coastal deposit, the subsoil is given the status of mining allotment with a limited depth of the crystalline basement, and for the period of hydrocarbon production, the status of mining allotment is limited to a depth of 100 m below the bottom of the lower productive formation in the licensed boundaries of 
the field

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