LuxProTrade Corp.

Company Description

LuxProTrade Corp. specializing in exploration, oil and gas deposits in Russia and CIS. LuxProTrade Corp. engaged in trading activities and ensures the supply of oil and gas on the world's leading enterprises in the energy industry, including state and private companies, refineries and provide further implementation of raw materials. We are proud reputation of our company as one of the few reliable fuel supplier in the state. This makes us the leading company in relations with key suppliers, transport companies and, of course, with our customers.

LuxProTrade Corp. making systematic efforts to increase the level of culture and products, paying particular attention to environmental issues. The Company and its subsidiaries is considering environmental activities as an important component of the manufacturing process. Now, the preservation of safe environmental conditions in the vicinity of their business - one of the priorities of the company LuxProTrade Corp. Thus, the company aims to introduce and use advanced technology in environmental protection at all stages of production.

While concentrating its efforts on production activities, our corporation does not cease to pay attention to social issues and problems in the regions of its presence. Maximum production safety and welfare of the employees were and are the main components of social software company.

Guide LuxProTrade Corp. believes that the effectiveness of all holding companies depends on the emotional comfort and a positive attitude of staff. Thus creating favorable conditions of work, a range of support and improve the welfare of workers and their families are a priority in social policy. Well-paid jobs, housing, medical care, equipped for life and cultural activities - LuxProTrade Corp., putting maximum effort, provides its employees.

In recent years, the company is implementing a program re-equip their production, refining and marketing divisions: the drilling there is a new technique in the shops - modern equipment, repair the economic and industrial premises, as well as recreation areas.

Recently LuxProTrade Corporation won an open auction for the right to develop gas and oil sites in the territory of the Khanty-Mansi Autonomous Area. All total recoverable reserves of these plots are 38.5 million tons of oil. Licence areas with recoverable reserves of crude oil purchased for 112.5 million rubles.

LuxProTrade Corp. has licensed sites in the Krasnoyarsk Territory. Cost of license - 29 million rubles.
The volume of geological resources area is 266 million tons of oil and 582 billion cubic meters of natural gas. The license for this site was for LuxProTrade Corp. first on the territory of Eastern Siberia.

Recently LuxProTrade Corp. was declared the winner of public tender for exploration and production of hydrocarbons at sites in the Sakha Republic.
The volume of recoverable reserves of this area of C1, C2 is 21.4 million tons of oil and 18.3 billion cubic meters of natural gas. For a license to develop plot Corporation has paid 580 million rubles.

Last year the unit has been established LuxProTrade Corp. to work as an operator in the Omsk and Tomsk regions, and regions of Eastern Siberia.

Also LuxProTrade Corp. won an auction for the right to develop oil fields in the Tomsk region. License area was purchased for 388 million rubles, which exceeded the starting price of 3 times. License agreement for 36 years, involves the exploration and production of hydrocarbons.

Oil reserves at the site of C1: geological - 2.44 million tons, recoverable - 0,380,000 tons, prospective resources C3: geological - 25.59 million tons, recoverable - 7,320,000 tons, projected recoverable category D1, D2 - 49,550,000 tons.