TMK OAO (TMKXY: OTC Link) | TMK Runs Pipe with Premium Connections at Gazprom Neft’s South Priobskoye Field

TMK Runs Pipe with Premium Connections at Gazprom Neft’s South Priobskoye Field

Oct 05, 2011

OTC Disclosure News Service

Moscow, Russian Federation –

October 5, 2011                                              Press Release

 

TMK Runs Pipe with Premium Connections at Gazprom Neft’s South Priobskoye Field

TMK, one of the world’s leading oil and gas steel pipe producers, has run the string consisting of 276 casing pipes with TMK FMC premium connections in a well at Gazprom Neft’s South Priobskoye field.

The South Priobskoye field is one of Gazprom Neft’s largest and most promising. The field’s reserves are estimated at 1.2 billion tonnes of hydrocarbons.

 

TMK (www.tmk-group.com)

 

TMK is a leading global manufacturer and supplier of steel pipes for the oil and gas industry, operating 24 production sites in the United States, Russia, Romania and Kazakhstan. Among global leaders, TMK has the largest steel pipe production capacity. The largest share of TMK’s shipments belongs to high margin oil country tubular goods (OCTG). In 2010, TMK’s pipe sales totaled approximately four million tonnes, shipped to customers in more than 65 countries.

 

TMK’s ordinary shares are listed on Russia’s MICEX and RTS stock exchanges. Its GDRs are traded on the London Stock Exchange, and its ADRs – on the OTCQX International Premier trading platform in the U.S.

 

Volzhsky Pipe Plant                           TMK-Kaztrubprom                     TMK IPSCO

Sinarsky Pipe Plant                             TMK-INOX                                TMK-Europe

Seversky Tube Works                          TMK-Premium Service    

Taganrog Metallurgical Works               TMK Oilfield Services

 

For further information regarding TMK, please, visit www.tmk-group.com or contact:

 

TMK PR Department

Ilya Zhitomirsky

Tel: +7 (495) 775-7600

Email: PR@tmk-group.com

The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.

Article source: http://www.otcmarkets.com/stock/TMKXY/news?id=36400

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