On 4 June 2020, the Federal Agency for subsoil Use held an auction for two blocks in Krasnoyarsk Kray (Eastern Siberia). Krasnoyarsk Oil & Gas Company (KNK) and Surgutneftegaz emerged as the winners of the contest. The companies will obtain 27-year E&P licenses.   Details of the offer are as follows:  The Kolymovskiy block covers 523 sq km and it is located in the Baykit Basin. Combined resources (categories D) amount to 3.3 MMt (24.1 MMbbl) of oil and 16.4 Bcm (560 Bcf) of gas. The starting price amounted to RUB 18 million (USD 0.26 million). KNK, competing against Gazprom, Irkutsk Oil Co and Sakhaneft, won the auction with the offer of RUB 55.8 million (USD 0.8 million).  The Novotaymyrskiy Vostochnyy block encompasses 2,304 sq km and it is located in the Yenisey-Khatanga Basin. Resources of the block (category D2) are estimated at 4 MMt (29.2 MMbbl) of oil and 12 Bcm (411 Bcf) of gas. The starting price amounted to RUB 7 million (USD 0.1 million). Surgutneftegaz, competing against KNK, won the auction with the offer of RUB 53.9 million (USD 0.79 million).
Krasnoyarsk O&G Co, won Kolymovskiy block, (523kmÂ²) in the Baykit Basin, Surgutneftegaz won Novotaymyrskiy Vost. block, (2304kmÂ²) in the Yenisey-Khatanga Basin, and Irkutsk Oil Co won the Chadobetskiy Zap. block, (1537kmÂ²) in the Baykit Basin.