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OVL MANAGEMENT IN TOMSK

On December 17-20, a delegation from Delhi arrived in Tomsk, headed by Mr. N.K. Verma, Managing Director, OVL. The delegation also consisted of Mr. P.K. Rao, Director (Operations), OVL, who has already visited our Company once. The main purpose of this visit of the management team from Delhi was to summarize activities of Imperial Energy Group in 2014, and to discuss production and financial indicators of our Group for the next year. Specific focus was paid to investment program of 2015.

On December 19, the delegation from Delhi and management of Imperial Energy Group went to Snezhnoye field, where the team has thoroughly observed the work of production facilities and reviewed the progress of drilling operations for Bazhenov suite.

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