It is reported that OJSC TNK-BP Holding has withdrawn from the authorized capital of OJSC Malosiktorskoye selling out its 100% share.

OJSC TNK-BP Holding is registered and active in Russia being established in November 2004. TNK-BP Holding owns most of TNK-BP assets in Russia taking the Russian assets of TNK, ONAKO and Sidanko onto its books after a corporate restructuring program.

TNK-BP Holding does not represent TNK-BP include valuable interests of in Ukraine and does not include OJSC NGK Slavneft as well as some other assets of TNK-BP. Minority shareholders own about 5% of the holding's shares.

(Sourced from AK&M)