The proved reserves of Rosneft in 2011 under SEC increased by 8% to reach 19.026bn barrel of oil equivalent from 17.618bn prior year in line with the audit provided by DeGolyer & MacNaughton, the company informed.
In particular, they include 14.592bn barrel of oil and 26.599bn cubic pounds of gas. Thus, the recovery ratio reached 131%; gas reserves rose 1.3 fold vs. 2011 figures due to the acquisition of gas fields held by Itera.
DeGolyer & MacNaughton carried on the audit of the hydrocarbon reserves under PRMS. By 2012 end they gained 24.091bn barrel including 18.255bn of crude oil and 35.014bn cubic pounds of gas which will be enough for 25 years of operation (21 year for oil extraction and 62 - for gas).
Rosneft (TIN 7706107510) is the largest oil company in Russia. It has 17.618bn barrel of the crude in reserves. The 2011-output reached 2.586mln barrel/day.
The share capital is worth 105.981mln rub. split in 10598177810 common stocks of 0.01 rub. par. The major holder is Rosneftegaz (75.16%).
The 9-month 2012 net profit (IAS) rallied up 15.4% to 285bn rub. prior year period; revenues from sales added 16.1% to gain 2.268tril rub.; EBITDA declined 10.6% to 445bn rub.
The 9-month 2012 net profit (RAS) rose 38.2% to 236.196bn rub. from 170.94bn; revenues - 32.5% to 1.306tril rub. from 986.376bn rub.; pretax profit - 30% to 274.305bn rub. from 211.063bn rub.