OOO Geotechnologia, a subsidiary of Aladdin Oil & Gas Company ASA, will start production and sale of gas on Monday morning – 22nd. Of March.

OOO Geotechnologia has an offtake agreement with the local distribution company – Komiregiongas. Earlier this month, the company successfully connected to the gas pipeline, and will start producing and selling gas on Monday 22nd.of March.

“For the first time, the Aladdin group is supplying gas from a field we have found and developed ourselves. This is a big day for the company”, says Board Chairman Einar Askvig.

For further information, please contact:
Board Chairman Einar Askvig (+ 34 666 508 510)

Aladdin Oil & Gas Company ASA is a Norway-based E&P company. Aladdin’s head office is located in Oslo, and the company is listed on the NOTC list of the Norwegian Securities Dealers Association (ticker code AOGC). The company owns the Russian oil company OOO Geotechnologia, which holds two oil licences for the Timan Pechora province in north-west Russia, as well as Company ZAO Orneftegaz and OOO Veselovskoye, which together hold six oil licences for the Orenburg region.