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

Mittwoch, 26.10.2016 13:20 von DGAP - Aufrufe: 232

OJSC Surgutneftegas / Miscellaneous - Medium Priority OJSC Surgutneftegas: Statement on renewal (extension) of permit (license) of OSJC 'Surgutneftegas' for certain activity which is material to its financial and business position 26-Oct-2016 / 13:17 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.
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Statement on renewal (extension) of permit (license) of OSJC 'Surgutneftegas' for certain activity which is material to its financial and business position Type of permit (license) of the issuer: for exploration and production of mineral resources. Number of permit (license) of the issuer: KhMN 00564 NE. Date of issue of permit (license) of the issuer: 29.05.1997. The body that issued permit (license): Khanty-Mansiysk Geology and Subsoil Use Committee and Administration of Khanty-Mansiysky Autonomous Okrug. Term of permit (license) of the issuer: 31.12.2082. 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: 26.10.2016.
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The EquityStory.RS, LLC Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de/ukreg
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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: 3519 Time of Receipt: 26-Oct-2016 / 13:17 CET/CEST End of Announcement EquityStory.RS, LLC News Service
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514795 26-Oct-2016
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