Razvedka Innovatsia Dobycha Oil-Perm LLC (Exploration Innovation Production Oil-Perm) (RID Oil-Perm LLC) was organized in March 2016 for the purposes of prospecting, exploration and production of hydrocarbons. Today, the Company holds a development license for the Belyaevskoye oilfield and a prospecting license for the Yekaterininsky plot.

In 2017, RID Oil-Perm purchased the shares of Permoblneft JSC, which holds licenses for the development of the Krasnoselskoye and Samoilobskoye oilfields and a prospecting license of the Nuzhne-Samoylovsky plot.

For the purposes of the resource base expansion and carrying out further production operations, the Company takes part in the contests/auctions for obtaining plots for subsoil resources development.

The Company uses modern technologies and Russian and international best practices for the exploration and development of the hydrocarbons.

The Company employs qualified staff that has the experience of working in the plots with complicated conditions to allow for the effective and safe subsoil reserves development.