Rosneft and ExxonMobil JV has been granted the right to operate at West Siberian reserves

The Board of Directors of Rosneft have approved transferring to Trizneft Pilot SARL, the joint ventrure with ExxonMobil of  the exclusive right for execution of the testing program at the Achimovsky and Bazhenovsky layers at the  West Siberian license sites. The Board approve getting by Rosneft as the license holder from Trizneft Pilot SARL as the operator of production service to horizontal wells, consulting to vertical wells, and the service for execution of geological and geophysical research and evaluation.