Drilling company "RUIDS" (Kiev) was established in 2001 and has licenses for the extraction of natural resources, drilling of oil and gas wells, and the installation and dismantling of drilling complexes. The main activity of "RUDIS" is investment in the gas and oil industry.
The assets of the drilling company are made up of thee licenses for geological research, including the industrial development of: Belousovsko Chernuhinsky, Dubrovsky, North Jablunovsky oil and gas fields.
At present "RUDIS" produces the equivalent of around 500 barrels of oil per day.
More than 17 engineers are employed by “RUDIS”. "Cardinal Resources" estimates that oil deposits of this Ukrainian company equate to 9.1 million barrels of oil.
“RUDIS” was successfully sold to the strategic European investor HARES GROUP.
Today “RUDIS” belongs to one of the largest shareholders in the British company Cardinal Resources plc – QVT Fund LP which owns 100% of the authorized capital.
RUDIS was successfully sold to the strategic European investor HARES GROUP.
Today RUDIS belongs to the One of the largest shareholders of British company Cardinal Resources plc — QVT Fund LP 100% of the authorized capital of.
