OOO TK Trastneft carries out exploration in Russia Federation. Exploration activities consistently yield good results. In 2016, the Company completed construction of 14 prospecting wells with an 87% success rate. In West Siberia, including the Bolshekhetskaya Depression, and in the Caspian Sea, 100% of prospecting wells were successful. The Company discovered 4 new fields and 21 deposits. We believe that our success is driven by advanced exploration techniques and selection of the most promising areas based on research results. One of the Company's priorities is further exploration in the Caspian Sea, given the potential synergies with major field discoveries made in the region earlier.