On 27 September 2019, the Federal Agency for Subsoil Use held an auction for two blocks in Irkutsk Oblast (Eastern Siberia). Krasnoyarsk Oil & Gas Company (KNK) and NK Spektrum emerged as the winners. Moscow-registered KNK is owned by the Cyprus-based Neiteoil Limited.The winners of the auction will obtain 27-year E&P licenses including a 7-year exploratory stage.   Details of the offer are as follows:  The Notayskiy block covers 2,527 sq km in the Angara-Yenisey Basin. One exploratory well has been drilled in the area. Reservoirs of the Vendian-Cambrian section are the main exploratory targets. Hydrocarbon resources (categories D1+D2) of the block are estimated at 33 MMbbl of oil and 2,476 Bcf of gas. The starting price amounted to RUB 13.448 million (USD 0.21 million). KNK offered RUB 14.793 million (USD 0.23 million).  The Tayozhnyy block covers 4,888 sq km in the Angara-Yenisey Basin. No exploratory wells have been drilled in the area. Reservoirs of the Vendian-Cambrian section are the main exploratory targets. Hydrocarbon resources (categories D1+D2) of the block are estimated at 20 MMbbl of oil and 2,617 Bcf of gas. The starting price amounted to RUB 11.92 million (USD 0.19 million). Spektrum offered RUB 69.136 million (USD 1.1 million).
Krasnoyarsk O&G Co won undrilled Vikhorevskiy (3643kmÂ²) & Notayskiy (2527kmÂ²) blocks in the Angara-Yenisey Basin.  