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Urals Energy

Address: ul. Osennaya 11 Moscow 121609 Russian Federation

Tel: +7 (495) 795 0300

Web: www.uralsenergy.com

Company description

Urals Energy Public Company Limited is a Cyprus-based independent holding company with its operating assets located in Russian Federation. Urals Energy’s main exploration and production operations are in East Siberia, where the majority of the Company’s oil and gas reserves are located. In addition, the Company has exploration and production operations, both onshore and offshore, on Sakhalin Island, in Timan Pechora, and in the Republics of Komi and Udmurtia.

Products and services

The Company is currently focused on development of its core assets in East Siberia. According to DeGolyer & MacNaughton (D&M), as at 31 March 2007 the company had proved and probable reserves of 579 mmboe.

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