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DGAP-UK-Regulatory News vom 05.07.2016

OJSC Surgutneftegas: Statement on renewal (extension) of permit (license) of OJSC 'Surgutneftegas' for certain activity which is material to its financial and business position
OJSC Surgutneftegas / Miscellaneous - Medium Priority
05-Jul-2016 / 07:29 CET/CEST
Dissemination of a Regulatory Announcement, transmitted by EquityStory.RS, LLC - a company of EQS Group AG.
The issuer is solely responsible for the content of this announcement.


Statement on renewal (extension) of permit (license) of OJSC 'Surgutneftegas' for certain activity which is material to its financial and business position

Type of permit (license) of the Issuer: Geological survey, including prospecting and evaluation of mineral deposits, exploration and production of mineral resources.

Number of permit (license) of the Issuer: KhMN 01525 NR. Date of issue of permit (license) of the Issuer: 18.04.2001.
The body that issued the permit (license): Natural Resources Department of the Ural Region and the Government of Khanty-Mansiysky Autonomous Okrug.
Term of permit (license) of the Issuer: 31.12.2115.
Permit (license) essentials: Early termination, suspension or restriction on the rights for subsoil use as per Articles 20, 21 and 23 of the Law of the Russian Federation 'On Subsurface' on the occurrence of the following: - the failure of the Subsoil user to meet the terms stated in the provisions of subsoil use;
- the failure of the Subsoil user to fulfill the obligations of regular payments for subsoil use;
- the failure of the Subsoil user to fulfill the obligations stated in the provisions of subsoil use;
- the failure of the Subsoil user to meet the requirements for technical projects in development of mineral deposits concerning the beginning of construction of infrastructure for production of mineral resources and/or commissioning of mineral deposits approved in the established order.
Type of event which occurred in regard to permit (license) of the Issuer: License extension.
The date when the relevant event in regard to permit (license) of the Issuer occurred: 27.06.2016.




05-Jul-2016 The EquityStory.RS, LLC Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de/ukreg



Language: English Company: OJSC Surgutneftegas Grigoriya Kukuyevitskogo, 1, bld.1 628415 Surgut Russia Internet: www.surgutneftegas.ru ISIN: US8688612048 Category Code: MSCM TIDM: SGGD Sequence Number: 3244 Time of Receipt: 05-Jul-2016 / 07:29 CET/CEST    
   
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