RUSSIAN PROVINCE OFFERING BID ACREAGE

The administration of Russia's Tomsk oblast and the province's Tomskneftegasgeologia are offering acreage in western Siberia for competitive bidding for oil and gas exploration and production. The area includes more than 70,000 sq km that encompasses Parabeiski and Pudinski megawells in the southeast part of the western Siberian basin. The administration said there are many oil and gas fields in the area as well as exploratory acreage. Pipelines also traverse the area.

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