Siberian taiga near Gluhovskaya prospect

Siberian Taiga

Husky all terrain vehicle

Zavyalovo fly-over

Imperial Energy operates in the Tomsk region of Western Siberia, Russian Federation and north-central Kazakhstan. Most operations take place in the Tomsk region.

Western Siberia is the most prolific oil-producing region in Russia with some of the world’s largest oil fields. Tomsk region is the second largest oil-producing province in Western Siberia with daily production about 300,000 bopd for the last few years. Dominated until recently by Tomskneft (from 1998 Yukos, now owned by Rosneft and Gazprom Neft), Tomsk has many other major players, including Gazprom Neft, TNK-BP, Surgutneftegaz and others.

Click here to view the Tomsk major players map.

Imperial’s assets are typically underdeveloped discoveries from the Soviet era, during which time drilling technology, workover methods and reservoir testing techniques were limited. To maximize the potential of these assets, Imperial is employing the latest fraccing and stimulation techniques.

Imperial reached a production rate in excess of 10,000 bopd in December 2007 and is targeting to achieve:

• 25,000 bopd by end 2008
• 35,000 bopd by end 2009
• 60,000 bopd by end 2010
• 80,000 bopd by end 2011

Nord Imperial holds three exploration & production licences representing three separate blocks (69, 77 and 80) which cover some 7,500 square kilometres. Imperial has already begun producing from two of the fields located on these blocks.

Sibinterneft holds two exploration licences and one exploration and production licence representing one block (74) covering some 3,400 square kilometres. The block is close to producing fields and to the main Transneft oil pipeline on the west side of the Ob River. A total of thirteen exploratory wells had previously been drilled in the licenced area by a Russian state company.

Allianceneftegaz holds six exploration licenses and one exploration and production license representing three separate blocks that cover some 5,900 square kilometres. Blocks 70, 85 and 86 are located directly between producing Rosneft and Gazprom Neft oil fields with similar petroleum geology.

The Sevkazgra oil exploration licence on the North Torgai Block covers more than 2,022 square kilometres of the relatively unexplored Kostanai province of northern Kazakhstan.