Exploration of hydrocarbons

Geological exploration work in
the West Kazakhstan region

Exploration contract

Summary on Ural Oil & Gas subsoil use contracts

Exploration Contract 468 dated 11th May 2001 for the Fedorovsky Block, West-Kazakhstan Oblast, concluded between the RoK Ministry of Energy and Ural Oil & Gas LLP( hereinafter – Exploration Contract).

Pursuant to Addendum 10 to the Exploration Contract dated 21.12.2018, the Exploration Contract expires on 11th May 2021. Ural Oil and Gas is currently taking steps to return the contract area to the government.