Exillon Energy: Pavel Chernienko, CEO of ZAO RusOil, Appointed as Executive Director
Further to its announcement on 21 March 2014, =”http://hsprod.investis.com/ir/exillion/ir.jsp?page=news-item&item=1722161626611712″>Exillon, a London Premium listed oil producer with assets in two oil-rich regions of Russia, Timan-Pechora (“Exillon TP”) and West Siberia (“Exillon WS”), is pleased to confirm the appointment of Pavel Chernienko as an executive director of the Company. The appointment took …
Baker Hughes Purchases Weatherford’s Pipeline and Specialty Services Business For $250m USD
Weatherford International Ltd. and Baker Hughes Incorporated announce today that they have signed an agreement for the sale of Weatherford’s pipeline and specialty services business to a subsidiary of Baker Hughes for a total consideration of $250 million, including $241 million in cash and $9 million in retained working capital. …
Shelton Petroleum AB: Petrogrand Offer to be Reviewed
The board of Shelton Petroleum AB (publ) (”Shelton”) notes that Petrogrand AB (publ) (“Petrogrand”) on 21 March 2014 at 16.05 announced a public offer to the holders of shares, convertible loans and warrants in Shelton to sell all their shares, convertible loans and warrants in Shelton to Petrogrand for a …
Petrogrand Moves on Shelton Petroleum Shares
PetrograndAB hereby announces a public cash offer to acquire all shares of series-A (”A-share”) at a price of SEK 18.6 in cash per share, all shares of series-B (”B-share”) at a price of SEK 18.6 in cash per share (jointly referred to as the ”Shares”), all convertible bonds of series …
Exillon Energy: Mark Martin, David Herbert Plus Three Other Directors Quit Due to Lack of Control of Company Operations
David Herbert (Chairman), Mark Martin (CEO), Stuard Detmer (Senior Independent Director), Anne Belveze (Independent Director) and Ezio Bracco (Independent Director) have informed the Company that they intend to resign their positions as Directors of Exillon today. It is expected that, when delivered, the resignations will be effective immediately. David Herbert …
Slavneft: Audited Reserves – Gas up 6.8% Oil Down 0.2%
As of December 31, 2013, Slavneft‘s audited proven oil reserves under USA Securities and Exchange Commission’s (SEC) LOF (life of field) methodology amounted to 1646.9 mln bbl. The Company’s proven profitable oil reserves decreased by 3.5 mln bbl or 0.2%, as compared to 2012. Slavneft’s SEC LOF gas reserves amounted …
Tethys: Boosted by Gas Well Success and Anticipated Gas Sales to China
Tethys Petroleum Limited, the oil and gas exploration and production company focused on Central Asia and the Caspian Region, is pleased to announce the success of Well AKK18, the second shallow gas exploration well of its 2014 programme. Analysis of data from the well indicates it, like the recently drilled AKK17 well, is …
President and Top Management of Rosneft Increase Share Holdings
Rosneft reports changes in number of shares in the Company charter capital owned by President and top management of Rosneft Igor Sechin, President, Chairman of the Management Board of Rosneft, increased his holding from 0.0849% to 0.1273% Eric Maurice Liron, Member of the Management Board, First Vice President of Rosneft, …
Baker Hughes and TMK to Deliver Integrated Solutions
Well Completion Solutions Designed to Mitigate Risk and Reduce Costs Baker Hughes Incorporated, one of the world’s largest oilfield service companies, and TMK, one of the world’s largest producers of pipes for the oil and gas industry, announced today their intention to jointly develop integrated well completion solutions. Targeted at …
Petrogrand AB: Calls for Shelton EGM – The Worm Turns
The Board of Petrogrand AB, as a shareholder with approximately 11,0 percent of the voting rights and approximately 12.3 percent of the capital in Shelton Petroleum AB, has decided to call for an Extraordinary General Meeting in Shelton. Petrogrand’s purpose with the request of Extraordinary General Meeting is for the …