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Monday, 01 December, 2008, 23:10 GMT | more >>

West Siberian and Alliance tie the knot



By Upstream staff 

West Siberian Resources (WSR) has successfully completed its merger with Alliance Oil, creating an independent oil and gas business with operations in both Russia and Kazakhstan.

WSR is planning to spend $403 million in capital expenditure for the new combined company in 2008.

Total oil production for the merged company in 2008 is expected to reach 18.6 million barrels while total refined barrels of oil are expected to be 24.5 million barrels of oil in 2008.


Friday, 11 April, 2008, 08:08 GMT  | last updated: Friday, 11 April, 2008, 08:23 GMT

United: Western Siberia and Alliance Oil merger goes through smoothly
 

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