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Gold/Mining/Energy : Big Dog's Boom Boom Room

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To: Dennis Roth who wrote (180602)10/23/2013 9:02:57 AM
From: Dennis Roth1 Recommendation

Recommended By
LoneClone

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Russian Oil & Gas
Policy blitz update: Investment environment improving; Oil tax
changes boost unconventional economics
22 October 2013 ¦ 51 pages ir.citi.com

In September, we flagged a number of improvements we expected to see in Russia’s oil & gas
sector by year-end. Things have moved faster than anticipated, and we believe even the most
skeptical investors should agree that the investment environment in Russia’s oil & gas sector
is materially improving.
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