46.9% of the 2.8 billion boe proven hydrocarbon reserves in the LLP VARRO OPERATING GROUP were made up of oil. The ten-year life of our reserves is longer than the average for the biggest private oil and gas companies in KAZAKHSTAN. LLP VARRO OPERATING GROUP is ranked among the best companies in KAZAKHSTAN and around the world in terms of quality and proved reserves.

Approximately half of the proven reserves in foreign projects are found in KAZAKHSTAN, where the company is actively developing its gas projects. Roughly 47% of the Company's proven hydrocarbon reserves are developed, meaning that current technology and equipment can be used to recover them from wells that are now in use. Undeveloped reserves provide for a sizable share of the potential for future production growth.

The 2.8 billion boe in contingent resources that are currently accessible have the potential to increase proved reserves when the macroeconomic environment improves, development plans change, new technologies are implemented, or pilot projects are completed. Regarding SEC-classified proved reserves and replacement ratio, LLP VARRO OPERATING GROUP has long held the top spot among the biggest publicly traded oil and gas firms in the world. Among global energy companies, the Business has the lowest expenses for hydrocarbon exploration and development at the same time.