Far Vista Interactive Corp. (OTCPK:FVST.A) signed a letter of intent to acquire CJSC Chedty Neft from Primex Oil Production Inc., in stock, for RUB 18.5 million on October 19, 2012. Under the terms, Far Vista Interactive will issue 50 million class A shares and 150 million class B shares to Primex. The deal is subject due diligence, signing of definitive agreement, approval by shareholders and Board of Directors of CJSC Chedty Neft. OJSC Komineftegasprom acted as facilitator of the transaction.

As of March 25, 2013, The verification process of general due diligence process has been completed to the satisfaction of all parties and the documentation and legal steps to finalize the acquisition shall be completed within a very short period. On June 28, 2013, Far Vista's Board approved a resolution authorizing the signing and execution of a formal agreement for the transaction.