OOO Geotechnologia, a subsidiary of Aladdin Oil & Gas Company ASA, will shortly connect to the gas pipeline for sale of gas.

OOO Geotechnologia, a wholly owned subsidiary of Aladdin Oil and Gas Company ASA, has completed the gas facility on structure #1 on the MS-license, and this will be connected to the gas pipeline for gas sales.

The connection has taken longer than anticipated, among other things because of very cold weather in the Ukhta area. The connection is expected to take place as soon as the weather gets milder and work can resume.

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