The oil company Oil Resource, part of the Kirillitsa Group, has registered a bond issue of series 001P-02 worth 3 billion rubles on the Moscow Exchange.

The securities will have a maturity period of 5 years, with a nominal value of 1,000 rubles. The coupon rate has been set at 28% per annum, with monthly payments. A call option is provided after the third and fourth years of circulation, allowing the issuer to redeem its bonds early without the consent of investors. There are no plans for partial early redemption of the bonds. The placement start date is August 1, 2025.

Oil Resource and its parent company, Kirillitsa Group, are actively expanding, with the oil business of Oil Resource remaining the most profitable segment within the group. Thus, the total revenue of the Group for the first quarter of 2025 increased by 62% compared to the same period in 2024, reaching 8.7 billion rubles. The consolidated net profit under IFRS for the three-month period amounted to 428 million rubles, approaching the figure for the entire 2024 year (475 million rubles). EBITDA saw a remarkable 22-fold increase year-on-year, reaching 794 million rubles, while LTM EBITDA was 1.79 billion rubles. The total volume of oil and grain product shipments exceeded 160,000 tons, representing a 60% year-on-year growth.

In July 2025, the National Rating Agency (NRA) upgraded Oil Resource's credit rating to “BВB-|ru|” with a stable outlook. The same rating upgrade to “BВB-|ru|” was also applied to its parent company, Kirillitsa JSC.

“Oil Resource plans to direct investor funds towards the implementation of the company's strategy. Our goal is to ensure the sovereignty of the Russian oil industry based on domestic technical and technological solutions and infrastructure. Practically, this means implementing advanced multifluid thermal technology for the extraction of hard-to-reach oil reserves and entering the oil services market with this technology,”

noted Semen Garagul, CEO of Oil Resource.

The company is also actively developing wholesale supplies of oil and petroleum products while expanding its logistics capabilities. In 2025, it acquired two oil-loading terminals in the Orenburg region and Khanty-Mansi Autonomous District, enabling the transshipment of up to 1 million tons of oil and petroleum products per year.