The Company applies for classification of C1 and C2 reserves
Interfox Resources' Russian project company, BNG, applies for registration of 38 million barrels (5 million tons) of oil equivalents category C1 & C2.Mainly due to the very good results received from the so called weathered crust (as earlier announced), BNG has already now the opportunity to apply for registration of reserves under category C1 & C2. This will be done with the Russian authority GKZ (belonging to the Ministry of Natural Resources). This process and evaluation will go on during May-October 2015, after which GKZ will register the approved volumes. BNG will apply for the