Rosneft

M&A Activity • Aug 1, 2014

National Storage Mechanism | Additional information

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RNS Number : 9907N

OJSC OC Rosneft

01 August 2014

Rosneft Closes the Deal for the Acquisition of Oil Field Services from Weatherford International

Rosneft announces the close of the deal for the acquisition of land drilling and workover assets of Weatherford in Russia and Venezuela.

The closure marks the realization of the agreement signed in July 2014 by Rosneft and Weatherford International plc.

Rosneft acquires 8 companies (part of the Weatherford group) involved in drilling operations in Russia and Venezuela.

The realization of the deal will allow Rosneft to strengthen its positions on the market of drilling and workover services and will expand the array of service contractors which will enable to boost efficiency of drilling and hydrocarbons production, enhance financial results.

Rosneft Information Division

tel.: +7 (499) 517-88-97

August 1, 2014

These materials contain statements about future events and expectations that are forward-looking in nature. Any statement in these materials that is not a statement of historical fact is a forward-looking statement that involves known and unknown risks, uncertainties and other factors which may cause actual results, performance or achievements expressed or implied by such forward-looking statements to differ. We assume no obligations to update the forward-looking statements contained herein to reflect actual results, changes in assumptions or changes in factors affecting these statements.

This information is provided by RNS

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