OOO Geotechnologia, a fully owned subsidiary of Aladdin Oil & Gas Company ASA, has now completed the gas production facility on structure #1 on the MS license. The production wells have now been connected to the facility.

OOO Geotechnologia , a fully owned subsidiary of Aladdin Oil & Gas Company ASA (AOGC), has completed the infrastructure and tied the gas wells to the production facility, and the company has now completed all the construction work.

This is the first field the company has developed from discovery to commercial development, and represents as such a major milestone for the company.

This gas field is the first of several structures on the MS license that the company intends to develop and put on commercial production.

The development of this structure has given the company valuable experience and knowledge, which will make the subsequent projects easier and quicker to develop in an effective way.

For further information, please contact:
COO, Espen Glende, (+47 906 05 434)

Aladdin Oil & Gas Company ASA is a Norwegian based exploration and production company, head quartered in Oslo, with its shares traded on the OTC list under the ticker code AOGC. The company owns the Russian oil company OOO Geotechnologia which holds two licenses in the Timan-Pechora province in Northwest Russia, as well as 6 licenses through our companies ZAO Orneftegaz and OOO Veselovskoye in the Orenburg area.