It is a great opportunity for Premier Energy in the development of a new and improved commercial natural gas and crude oil reserve once it has been warranted to do so. Premier Energy Corp. was able to get some stakes at ZAO Karbon also an oil and gas exploration and production stakeholder found at Orenburg courtesy Auxerre trading Ltd. This represents the increasing venture of Premier Company increasing its oil ventures across the wider Russia in specific regions for oil production and exploration.

Karbon CJSC is a Closed Joint Stock Company within the Russian Federation that is ideal for Premier Energy to tackle the Oil Rich Russian regions through. After the Russian Agreement, the company did get the license to explore and produce oil and natural gas in Fields such as the North-Kopanskoye found at Orenburg at Volga-Urals Basin.

Premier Energy also signed an agreement of Purchase of Securities with Rossgaz LLC, also a liability limited company incorporated in Russia with the mandate to acquire outstanding as well as issued types of securities that belong to Speckrit although within the Rossgaz ownership. The Karbon acquisition has opened a new horizon for Premier Energy and its unique goals on enlarging its stake in Russia while maintaining its global face and investment level. The Russian exploration is one way of controlling the oil and gas stake to make sure it is rising on top of competitors while maintaining a positive ideal in terms of investment and finding new markets.