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Tuesday, November 21, 2006

Yukos Reserves Worth $9Bln

11-21-2006 Bloomberg - Yukos' two largest production units hold oil reserves worth more than $9 billion, although they may be auctioned for less, Kommersant reported Monday, citing a valuation report by Miller & Lents.The bankrupt company's largest unit, Tomskneft, holds 998.9 million barrels of proven oil reserves that could generate $5.37 billion in revenue, the paper said. Samaraneftegaz holds 915 million barrels of proven oil reserves, which could bring the company $3.68 billion, the newspaper said.

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