Ural Energy Management Company - Nicosia

Urals Energy Public Company Limited, a Cyprus-based holding company listed on the London Stock Exchange's Alternative Investment Market (AIM) on 9 August 2005, is an independent oil company with its operations based in Russia. According to Miller and Lents, Ltd., the Company's independent reserves auditors, its 2P (proved and probable) reserves totalled 46.3 mmboe as of 1 January 2014. Currently, the Company is producing an average of 2 kbopd from its Petrosakh and Arcticneft projects, with all production from Petrosakh being refined and all production from Arcticneft being exported. The Company's head office is located in Nicosia, Cyprus, and its Russian holdings are managed by its Moscow subsidiary, OOO Urals Energy, a Russian limited liability company.