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Capital Legal Services and Skolkovo Deal Support Center Advise on SICAR Investment in Geosplit

Capital Legal Services and Skolkovo Deal Support Center Advise on SICAR Investment in Geosplit

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Capital Legal Services has advised the Rusnano Sistema SICAR fund on its USD 1.5 million investment project into Geosplit, a Russian oil service developer and integrator of technology for the oil industry. Geosplit was advised by the Skolkovo Deal Support Center.

The funds from the transaction will be used for the development of technology, the expansion of the Geosplit product portfolio, and the launch of an export program.

The Rusnano Sistema SICAR fund was created jointly by PJSFC Sistema and JSC Rusnano in 2016. The fund invests in hi-tech projects at the start-up phase, as well as in growing and established companies. 

According to Capital Legal Services, "Geosplit specializes in development of technologies for marker monitoring of horizontal well inflow profiles. The technology know-how uses markers-reporters from quantum dots. The fundamental difference of the new technology from conventional test wells is in the possibility to monitor well intervals over a long period without downhole operations, reducing expenditures and increasing production safety."

The Capital Legal Services team was led by Principal Associate Dmitry Raev and included Principal Associate Ekaterina Rudova, and Associate Anastasia Dukhina.

The Skolkovo Deal Support Center's team consisted of Managing Partner Anton Pushkov, Head of Legal Practice Alexey Fedotov, and Lawyer Natalia Evdokushina. 

 

Russian Knowledge Partner

Founded in 1993, Egorov Puginsky Afanasiev & Partners is the leading full-service law firm in the CIS with offices in Russia, Ukraine and Belarus and associated offices in the UK, the USA and Cyprus.

We advise its clients in many areas of law, including: dispute resolution in Russia and abroad, corporate law, M&A, antitrust issues, project finance and PPP, restructurings and insolvencies, energy and natural resources, property management and privatization, environment, technical regulation and industrial safety, banking and finance, intellectual property, criminal law, real estate and construction, taxation, family and labour disputes, marine and transport law, and international trade and customs.

We combine high academic qualifications, internationally acknowledged moral and ethical values, senior partners' professional experience and practical abilities with the vigour and knowledge of younger attorneys that enables thus providing clients with reliable, first-class service according to both Russian and western standards through a flexible structure.

All News about, and Legal Analysis by, Egorov Puginsky Afanasiev & Partners can be found here.

Firm's website: www.epam.ru

 

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