Interfax reported that OJSC Samaraneftegaz which is a subsidiary of Rosneft has been declared the winner of an auction for the rights to develop resources at the Mozharovskoye field in the Samara region.

Samaraneftegaz offered RUB 154 million at a starting payment of RUB 140 million.

Rosneft also participating in the auction.

The field is located in the Kinelsky district of the Samara region near to other fields that are being developed by Samaraneftegaz, OJSC Samara-Nafta and OOO Kommunarskoye NGDU.

The field's C1 recoverable oil reserves came to 663,000 tonnes as of January 1. Forecast D1 oil resources come to 440,000 tonnes.

(Sourced from Interfax)