RusPetro is an independent oil and gas producer operating in the central portion of the Krasnoleninsk field in Western Siberia. It was listed on the London Stock Exchange until its privatisation in June 2016.

RusPetro
Company typePrivate
IndustryPetroleum
Founded2007
HeadquartersMoscow, Russia
Key people
Alexander Chistyakov, (Chairman)
Aric Cunningham, (CEO)
RevenueUS$44.0 million (2017)[1]
US$(28.7) million (2017)[1]
US$(19.9) million (2017)[1]
Websitewww.ruspetro.com

History

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The company was founded by Vladimir Marchenk in Cyprus in 2007 and was subsequently known as Petroltech Holdings until June 2011 when it became RusPetro Holdings.[2] It made its initial public offering in January 2012.[3] It was de-listed from the London Stock Exchange in June 2016.[4]

Operations

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The company has recently completed a well in the Krasnoleninsk field producing 700 barrels of oil per day; an additional well is now being drilled.[5]

Ownership

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The significant shareholders as of November 2014 were: Limolines (27.04%), Alexander Chistyakov (17.18%), Andrey Rappoport (9.91%), Schroder Investment Management Ltd (8.88%), Henderson Global Investors Ltd (5.92%), Mastin Sberbank Capital (3.11%) and Thomas Reed (0.98%).[6]

References

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  1. ^ a b c "Annual Report 2016" (PDF). RusPetro. Retrieved 1 June 2017.
  2. ^ Ruspetro Prospectus
  3. ^ RusPetro debuts on London market Upstream, 24 January 2012
  4. ^ "Russia's Ruspetro to leave LSE and become private". Uk.reuters.com. 2016-04-14. Archived from the original on April 18, 2016. Retrieved 2017-01-05.
  5. ^ London-listed RusPetro has spudded the latest development well on its Krasnoleninsk oilfield in Russia’s West Siberian basin Upstream, 14 March 2012
  6. ^ "Ruspetro Restrucuring" (PDF). Strand Hanson. Retrieved 18 March 2019.
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