In Q4, RusPetro reduced production by 6%

In Q4, RusPetro Plc. reduced production by 6% to 4,010 barrels of oil a day. Operational cash flow increased at the expense of recently introduced tax benefits applied to 80% of production since September 1 2013. .

RusPetro Plc. is an independent oil and gas producer operating in Western Siberian. It was founded in 2007. It held IPO at LSE in 2012.

Translated by Nadezhda Poltoratskaya

Source:  http://energo-news.ru/archives/115899

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Oil and Gas, Metals and Mining, News from Russia and neighbouring countries
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