“JV” Rusburmash-Kazakhstan ” LLP is a Russian-Kazakh joint venture and was established under intergovernmental agreement signed in May 2007 between Russia and Kazakhstan. In October 18, 2007 the JV obtained State license for operation at nuclear facilities. The main type of activity is provision of wide range of drilling as well as geological services.

The joint venture contributes to implementation of Comprehensive Program of Russian-Kazakh cooperation in peaceful use of nuclear energy.

The Company aims to accomplish the following:

• Create differentiated portfolio of Customers for exploration and production drilling as well geological services at the drilling market of Kazakhstan;
• Provide all types of drilling and work-over services for uranium mines of Southern Kazakhstan and, thus, increase effectiveness of uranium mining companies;
• Significantly reduce the risks for mining companies on possible deficit of high-quality drilling services;
• Integrated Development of the Company is associated with increase of production capacity at the lower cost of drilling. Drilling at maximum quality and on time. Use high-tech equipment, materials, and new methods of production management;;
• Develop high-quality personnel staff;
• Ensure environment protection and industrial safety compliance during drilling operation.

Development Program of Rusburmash-Kazahstan LLP currently provide drilling of geological, production, monitoring, coring, prospecting, hydrogeological, , water intake and production holes and wells.