April 29, 2016 4:08 PM ET

Energy Equipment and Services

Company Overview of OOO Burovaya Kompaniya Eurasia

Company Overview

OOO Burovaya Kompaniya Eurasia provides onshore oil and gas well drilling, construction, and workover services for various oil and gas companies in the Russian Federation, Siberia, and Kazakhstan. The company’s services include construction of exploration and development wells, drilling of horizontal and directional wells, conventional and under-balanced drilling, completion and testing of exploration and development wells, well workover services, sidetracking of existing cased wells, and drilling engineering and advanced technological drilling services. It also operates a fleet of drilling and workover rigs. The company was formerly known as OAO LUKOIL and changed its name to OOO Burovaya K...

40 bld. 2

Narodnogo Opolcheniya

Moscow,  123298

Russia

Founded in 1995

Phone:

7 495 961 0252

Fax:

7 495 961 0255

Key Executives for OOO Burovaya Kompaniya Eurasia

Chairman of The Management Board and President
Age: 56
Chief Financial Officer and Senior Vice President of Finance
Age: 45
Senior Vice President of Operations
Age: 59
Vice President of Technologies
Vice President of Legal Affairs and Director
Compensation as of Fiscal Year 2015.

OOO Burovaya Kompaniya Eurasia Key Developments

LLC Burovaya Kompaniya Eurasia Reports Earnings Results for the First Quarter of 2016

LLC Burovaya Kompaniya Eurasia reported earnings results for the first quarter of 2016. For the quarter, the company reported increased net profit to Russian Accounting Standards (RAS) by 15% year-on-year to RUB 1.258 billion. The company's revenue rose 8.4% to RUB 15.158 billion. Operating profit nearly tripled to RUB 2.71 billion. Pretax profit was RUB 1.509 billion against RUB 1.366 billion a year earlier.

Lukoil May Take Stake In Burovaya Kompaniya

Public Joint Stock Company Oil Company LUKOIL (MISX:LKOH) may take a stake in OOO Burovaya Kompaniya Eurasia of Eurasia Drilling Company Limited.

Burovoya Kompaniya Eurasia LLC Reports Financial Results for the Year 2015

Burovoya Kompaniya Eurasia LLC reported financial results for the year 2015. For the year, the company reported net profit rose 26.4% to RUB 10.887 billion in 2015. Revenue fell 10.4% to RUB 60.401 billion. Gross profit declined 15% to RUB 11.432 billion, the sales profit was down 16% to RUB 8.862 billion and the pretax profit was RUB 13.231 billion, up from RUB 11.194 billion.

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