The Spik Maikop Limited Liability Company (the The Maikop Spies Company Limited ) was established by the British with the goal, as stated in the official document of the time, “oil exploration at the sites indicated in the certificates in the Maikop department of the Kuban region , for the development of oil deposits and the production of intelligence to search for oil in other areas of the Caucasus region , processing of crude oil and of oil and oil products trade ... for the production operations in the Russian society assigns (Main first capital) 260 000 pounds " [1] .
The conditions of the company's activities in Russia were approved by the highest on August 26, 1911. [1] The Board was located in London . According to available data, the volume of own production of oil by the Spitz society amounted to about 530 thousand poods (8.7 thousand tons) of crude oil annually.
See also
- Oil production
- Oil industry