RusPetro plc (Ruspetro) is an independent oil and gas development and production company. The Company is engaged in the development and production of oil and gas on three contiguous license blocks of 1,205 square kilometers situated in the Krasnoleninsky Arch near Khanty-Mansiysk, western Siberia, Russia. Ruspetro is the 100% license holder of the Pottymsko-Inginsky (PI), Vostochno-Inginsky (VI) and Palyanovsky license blocks, which make up 100% of the Company�s oil and gas producing assets. The Company produces and sells crude oil and gas condensate and produce petroleum gas as an associated product. The Company has its own metering station at the Transneft pipeline through which it can sell its crude oil to end-customers throughout Europe. The operating subsidiaries of the Company OJSC INGA and OJSC Trans-oil hold three licenses for exploration for and extraction of crude oil and natural gas in the Khanty-Mansiysk region of the Russian Federation.