On 7 February 2020, the Federal Agency for Subsoil Use announced an auction for the Vetosskiy block in Perm Kray (Volga-Ural Province). The auction will be held on 31 March 2020. Applications should be submitted by 6 March. 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 Vetosskiy block covers 16.7 sq km and encompasses the Vetosskoye field with 2P oil reserves estimated at 0.13 MMbbl. The starting price amounts to RUB 5.451 million (USD 0.09 million). The winner of the auction will obtain a 20-year license.
On 7 February 2020, the Federal Agency for Subsoil Use announced an auction for the Vetosskiy block in Perm Kray (Volga-Ural Province). The auction will be held on 31 March 2020. Applications should be submitted by 6 March.