28 Dec 2015 05:59
OJSC Surgutneftegas / MiscellaneousOJSC Surgutneftegas: Information statement on renewal (extension) of permit(license) of OJSC 'Surgutneftegas' for certain activity which is material toits financial and business position 28-Dec-2015 / 06:58 CET/CESTDissemination of a Regulatory Announcement, transmitted by EquityStory.RS,LLC - a company of EQS Group AG.The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- Information statement on renewal (extension) of permit (license) of OJSC'Surgutneftegas' for certain activity which is material to its financialand business position Type of permits (license) of the Issuer: Exploration and production ofmineral resources.Number of permits (license) of the Issuer: KhMN 00407 NE.Date of issue of permits (license) of the Issuer: 18.12.1996.The body that issued the permit (license): Ministry of Natural Resources ofthe Russian Federation.Term of permit (license) of the Issuer: 31.12.2129. Permit (license) essentials: Early termination, suspension or restrictionon the rights for subsoil use as per Clause 2 of Part 2 of Article 20 of RFLaw 'On Subsurface' on the occurrence of the following:1. Failure of the Subsoil user to meet the terms stated in the provisionsof subsoil use:- As prescribed by Federal Subsoil Use Agency and its regional office,annually, not later than on 15 February of the year following the reportingyear the Subsoil user is obliged to submit to the relevant regional officeof Federal Subsoil Use Agency the information report on works performed atsubsoil site available for use.2. The failure of the Subsoil user to fulfill the obligations of regularpayments for subsoil use.3. The failure of the Subsoil user to fulfill the obligations mentioned inthe conditions of subsoil use:- geological information on subsoil to be submitted to the federal andregional funds of geological information in the established order;- the Subsoil user is obliged to ensure the protection of initialgeological information obtained in the course of works at subsoil site,including rock and core samples as well as formation fluids. Uponapplication of the federal and regional funds of geological information theSubsoil user is obliged to provide on a free-of-charge basis the temporarystorage of geological information it possesses, including temporary storageof rock and core samples as well as formation fluids.4. The failure of the Subsoil user to meet the requirements for technicalprojects in development of mineral deposits concerning the beginning ofconstruction of infrastructure for production of mineral resources and/orcommissioning of mineral deposits approved in the established order. Type of event which occurred in regard to permits (license) of the Issuer:License extension.The date when the relevant event in regard to permits (license) of theIssuer occurred: 25.12.2015. --------------------------------------------------------------------------- 28-Dec-2015 The EquityStory.RS, LLC Distribution Services include RegulatoryAnnouncements, Financial/Corporate News and Press Releases.Media archive at www.dgap.de/ukreg --------------------------------------------------------------------------- Language: English Company: OJSC Surgutneftegas Grigoriya Kukuyevitskogo, 1, bld.1 628415 Surgut Russia Internet: www.surgutneftegas.ru ISIN: US8688612048 Category Code: MSC TIDM: SGGD Sequence Number: 2947 Time of Receipt: 28-Dec-2015 / 06:58 CET/CEST End of Announcement EquityStory.RS, LLC News Service --------------------------------------------------------------------------- 426247 28-Dec-2015UK-Regulatory-announcement transmitted by DGAP - a service of EQS Group AG.The issuer is solely responsible for the content of this announcement.