Max Petroleum Completes Sberbank Credit Facility of $90m USD
Max Petroleum, an oil and gas exploration and production company focused on Kazakhstan, is pleased to announce today it has completed the initial closing of its US$90 million senior credit facility with SB Sberbank JSC, allowing the Company to draw down up to US$60 million to repay US$47 million to …
DMT Strengthens Corporate Brand
DMT, the Natural Resources Division of the TÜV NORD Group, is implementing a uniform branding policy for its subsidiaries around the world. As part of the measures to strengthen the DMT brand, Petrologic Geophysical Services GmbH has been renamed DMT Petrologic GmbH with effect from 01.01.2013. Petrologic is well established …
KMG EP Complete $263m Share Buy Back Programme
JSC KazMunaiGas Exploration Production announces that on the 31 December 2012 the share buy back programme is completed. As announced earlier, the Board of Directors had approved the buyback programme of its common shares and global depositary receipts (GDRs) up to an aggregate value of US$300 million. During the whole …
Exillon Energy: December Production at 16,114 bbl
Exillon Energy plc, a London Premium listed independent oil producer with assets in two oil-rich regions of Russia, Timan-Pechora and West Siberia, is pleased to announce unaudited production data for the month of December 2012. · Our average daily production1 was 16,114 bbl/day during the period. · Average daily production …
Dmitry Lyugai put in charge of Gazprom’s Prospective Development Department
Dmitry Lyugai is put in charge of the Prospective Development Department of Gazprom. Dmitry Lyugai Enlarge photo (JPG, 1 MB) Dmitry Lyugai was born in 1962 in the Uzbek SSR. In 1984 he graduated with honors from Tashkent State Polytechnic Institute, majoring in Technology and Integrated Mechanization of Oil and Gas Fields. Dmitry Lyugai is a Doctor of Engineering (1999). His entire labor …