On 5 November 2019, the Federal Agency for Subsoil Use announced an auction for the Kamskiy Zapadnyy block in Udmurtia Republic (Volga-Ural Province). The auction will be held on 23 December 2019. Applications should be submitted by 5 December. Each participant must make a refundable deposit equal to the starting price for the block. The deposit will be non-refundable if the winner fails to pay its winning bid. Additional information regarding the auction may be requested from:     Udmurtnedra    Izhevsk    Ukhtomskogo Str., 24    Details of the offer are as follows:    The Kamskiy Zapadnyy block covers 57.4 sq km. Oil resources (category D1) of the block are estimated at 4 MMbbl. The starting price amounts to RUB 0.92 million (USD 0.01 million). The winner of the auction will obtain a 25-year E&P license.
On 5 November 2019, the Federal Agency for Subsoil Use announced an auction for the Kamskiy Zapadnyy block in Udmurtia Republic (Volga-Ural Province). The auction will be held on 23 December 2019. Applications should be submitted by 5 December