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GazpromNeft recoverable reserves up 39 mln tons in 2006

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MOSCOW, May 23 (RIA Novosti) - GazpromNeft, formerly Sibneft [RTS:SIBN], a subsidiary of Gazprom [RTS: GAZP], said Wednesday its recoverable hydrocarbon reserves rose by 38.9 million metric tons of standard fuel,

The company s recoverable reserves rose 26.1 million tons in 2005.

GazpromNeft discovered 15 new hydrocarbon deposits in 2006, including 10 oil, one oil-and-gas, one gas and three gas condensate fields.

An assessment of GazpromNeft reserves conducted by independent auditor Miller & Lents showed that the company's proven reserves rose 5.3% in 2006, year-on-year (621.4 million tons) according to SPE standards, and 11.4% (514.0 million tons) according to the SEC standard, it said in a press release.

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