Co-owners of Lukoil invest in production in Africa

As the Forbes has found put, Vagit Alekperov and Leonid Fedun own American company, which is engaged in deep-water oil exploration in the Third World.
 
Co-owners of Lukoil Vagit Alekperov and Leonid Fedun (they own 22.7% and 9.8% of the company respectively) own another oil business - the US company Panatlantic Exploration (formerly known as Vanco Energy), which is engaged in deep-water oil exploration in the Third World countries.
 
Chairman of the IFD Capital’s Board (manages the assets of the Lukoil’s shareholders) Olga Plaksina, who also holds the post of Chairman of the Panatlantic Group’s Board of Directors, reported to the Forbes, that IFD Capital was one of the Panatlantic Exploration’s shareholders. Lukoil declined to comment. Vice President of Panatlantic Exploration Daniel Hogan reported to the Forbes, that beneficiaries of the company are private individuals, but didn’t disclose their names.