On 17 March 2020, the Federal Agency for Subsoil Use announced an auction for the Yelkinskiy block in Perm Kray (Volga-Ural Province). The auction will be held on 7 May 2020. Applications should be submitted by 17 April. 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:   Permnedra  Perm  Kamchatovskaya Str., 5  Details of the offer are as follows:  The Yelkinskiy block covers 39.3 sq km and encompasses the Yelkinskoye field with 2P reserves estimated at 12 MMbbl of oil, 17 Bcf of gas and 27 MMcf of helium. The starting price amounts to RUB 523.2 million (USD 7.07 million). The winner of the auction will obtain a 20-year license.
Russia (Northern Volga-Urals Province (Volga-Urals B.)) Yelkinskoye