On 11 December 2019, the Federal Agency of Subsoil Use held an auction for the Arakanskiy block in Krasnoyarsk (Eastern Siberia). Krasnoyarsk Oil & Gas Company (KNK) emerged as the winner and will obtain 27-year E&P license including a 7-year exploratory stage.    The Arakanskiy block covers 3,984 sq km in the Angara-Yenisey Basin. No wells have been drilled in the block. Reservoirs of the Riphean-Cambrian section are the main exploratory targets. Hydrocarbon resources (categories D1+D2) of the block are estimated at 26 MMbbl of oil and 3.425 Tcf of gas. The starting price amounted to RUB 15.7 million (USD 0.25 million). KNK offered RUB 17.27 million (USD 0.275 million).
KNK won Chunskiy Severnyy (4,250 sq km), Kimchunskiy (2,706 sq km) and Arakanskiy block (3,984 sq km) in the Angara-Yenisey B. Krasnoyarsk Kray.