2011

REPSOL TO ACQUIRE EUROTEK, A RUSSIAN EXPLORATION AND PRODUCTION COMPANY — Repsol purchases Eurotek, an exploration and production company with assets in the Russian Federation for a cash consideration of, US$230 million, approximately. — Among the acquired assets there are two gas fields: Syskonsyninskoye (SK), which is at an advanced …

Shtokman Development AG Board of Directors Reviewed the Company’s Activities in 2011 The regular meeting of Shtokman Development AG (SDAG) Board of Directors was held in Moscow on December 29, 2011. The Board of Directors reviewed the Company’s activities in 2011 and stated that extensive work on the preparatory stage …

Max Petroleum Plc, an oil and gas exploration and production company focused on Kazakhstan, today announces an operational update of its activities in the Blocks A&E Licence area in the Republic of Kazakhstan. Results of SAGW-2 appraisal well The Company has completed drilling the SAGW-2 appraisal well in the Sagiz …

Roxi Petroleum, the Central Asian oil and gas company with a focus on Kazakhstan, is pleased to announce that the NK-10 well spudded on 28 November 2011 reached a total depth of 1505 metres on 18 December 2011. The preliminary interpretation of wireline logging indicates that the well encountered oil …

Max Petroleum Plc, an oil and gas exploration and production company focused on Kazakhstan, is pleased to announce that the KZIE-2 appraisal well in the East Kyzylzhar I Field has reached a total depth of 1,294 metres, with electric logs indicating seven metres of net oil pay, including two metres in the Cretaceous …

BP Russia and the Skolkovo Foundation are pleased to announce an agreement today to set up a major research collaboration with Russia’s Boreskov Institute of Catalysis, one of the world’s largest research centres, specialising in catalysis, and Imperial College London, one of the world’s leading universities. The parties will now …

Dockwise Ltd. today announces twelve new awards totaling USD 55 million, of which six, to the value of more than USD 15 million, are for execution in Q4 2011. The remaining contracts are for execution in 2012 and 2013. Furthermore the company has entered into a Master Service Agreement (MSA) …

Tethys Petroleum Limited today announced the initial results of its Persea 1 exploration well in Tajikistan and its intention to carry out production testing on the well in the new year. The Persea 1 well, drilled some 5 kilometres from the town of Kurgan Teppa, reached a total depth of …

Alliance Oil Company Ltd and Repsol Exploración, S.A. have reached an agreement to form and govern a joint venture for exploration and production growth in Russia. Further to the agreement, Alliance and Repsol envisage establishing a joint venture with a total asset base of approximately $840 million following asset and …

Dragon Oil plc, an international oil and gas exploration, development and production company, announces the completion and initial testing of the Dzheitune (Lam) 28/164 development well. The well was drilled to a depth of 1,865 metres and completed as a single producer by the NIS rig. The well tested for …