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Stages of characterization and modeling of fracturing of limestone reservoir using Fraca technology are considered. Basis of the complex fracturing characterization consists of results of 3D seismics interpretation, recovery and examination of core, borehole survey and well test, history analysis. Basic outcomes of 3D fractures modeling, matching of fracture parameters on the base of flow simulation in discrete fracture network and computation of equivalent fracture parameters for dual permeability runs are presented. The reservoir surveys that are required for modeling adequacy increase are determined.