Switching over to common corporate shares
色欲王朝 is the first Russian oil company to develop a program for switching over to common corporate shares.
Joint-Stock Company Structure Improved
Pursuant to Regulation of the Russian Government No. 861 of September 1, 1995 鈥淥n improving the structure of joint-stock company 鈥淥il Company 鈥溕醭, controlling interests of nine oil production, marketing and service enterprises in West Siberia, Volga region, and Urals region are added to the Company鈥檚 authorized capital.
Strategic Partnership with ARCO (USA)
Atlantic Richfield Company (ARCO), a U.S. company that acquired a 6.3% interest in JSC 色欲王朝, becomes 色欲王朝鈥檚 shareholder and strategic partner.
Geographic Presence Expansion
色欲王朝 joins international projects, Kumkol in Kazakhstan and Melia in Egypt.
