Eurasia Journal News

Roxi Petroleum: Reserves Statement for the South Yelemes Fields’ Post Salt Reservoirs, BNG Ltd LLP,

Roxi, the Central Asian oil and gas company with a focus on Kazakhstan, is pleased to update the market with news of a reserves update as at 31 December 2015 of BNG’s South Yelemes fields. The reserves update covers the Company’s shallow fields at its BNG asset and does not …

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Eurasia Journal News

Petroneft Resources: Sibkrayevskoye Well S-374 a Duster, Plugged and Abandoned

PetroNeft an oil & gas exploration and production company, operating in the Tomsk Oblast, Russian Federation, and 50% owner and operator of Licences 61 and 67, provides an update on drilling and operations at Licence 61. Highlights Sibkrayevskoye Well S-374 – Vertical Delineation Well – Two tight sandstone reservoirs encountered …

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Eurasia Journal News

Gazprom Largely Unaffected by Western Sanctions

The Gazprom Board of Directors took note of the information regarding the effect of the Western sanctions on Gazprom Group in 2015–2016 and the corresponding mitigation measures. It was pointed out at the meeting that Gazprom had in due time assessed the potential effect of the sanctions-related risks on the …

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Eurasia Journal News

Sorovskneft: Baudin Khamidov Appointed General Director

Today, the Board of Directors of PJSOC Bashneft has approved the appointment of Baudin Khamidov to the position of General Director of LLC Sorovskneft upon the recommendation of the Nominating and Compensation Committee. Baudin Khamidov will replace Alexander Scherbinin, who has decided to continue his career outside Bashneft Group. Baudin …

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Eurasia Journal News

Roxi Petroleum: Spudding Shallow Well 141

Roxi, the Central Asian oil and gas company with a focus on Kazakhstan, is pleased to provide shareholders with the following operational update. BNG Contract Area The BNG Contract Area is located in the west of Kazakhstan 40 kilometers southeast of Tengiz on the edge of the Mangistau Oblast, covering …

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Eurasia Journal News

Tethys Petroleum Limited: 2016 Q2 Results

Tethys Petroleum Limited today announced its Results for the quarter ended June 30, 2016. Q2 Financial Highlights (all figures reported in USD unless stated otherwise. 2015 amounts are for the quarter ended June 30, 2015). Oil and gas revenue down 48% to USD3.5m (2015: USD6.8m); Production expenses down 68% to USD1.3m (2015: …

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Eurasia Journal News

Urals Energy PCL: Operational Update

Urals Energy PCL, the independent exploration and production company with operations in Russia, is pleased to make the following announcements: Tanker loading  The planned annual tanker shipment for export from Arcticneft on Kolguyev Island has been successfully completed.  The tanker has left Kolguyev Island with 28,441 tons of crude oil …

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Eurasia Journal News

SPE Russian Petroleum Technology Conference and Exhibition—Day 1 Highlights

Dear Colleagues, We would like to share with you information about the main events taking place at the SPE Russian Petroleum Technology Conference and Exhibition, so you won’t miss anything important and can add any event of interest to your calendar. The first day opens with the plenary session ‘In the Middle …

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Eurasia Journal News

Tethys Petroleum: Appoint Alexander Skripka as Chief Commercial Officer

Tethys Petroleum Limited today announced the appointment of Alexander Skripka as Chief Commercial Officer. As Chief Commercial Officer Mr. Skripka will be responsible for the commercial activities of the company including gas sales, existing and new contract or license negotiations, and negotiations on financing, divestments and acquisitions. Mr. Skripka studied …

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Eurasia Journal News

NOVATEK Obtains New License Areas on the Gydan Peninsula

OAO NOVATEK announced today that its subsidiary OOO NOVATEK-Yurkharovneftegas obtained the right to explore and appraise licenses for the West-Solpatinskiy, North-Tanamskiy and Nyavuyahskiy license areas located in the Yamal-Nenets Autonomous Region in the central part of the Gydan peninsula. The license duration is seven years. As of 1 January 2016, …

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