Urals Energy: Workover Commences on ArticNeft Wells – Fracking Unlikely This Year
Urals Energy PCL, the independent exploration and production company with operations in Russia, is pleased to announce a drilling update and further information on the recent accident at the Petrosakh refinery and the workover at Articneft. ArticNeft A first workover of well #546 at ArticNeft has been successfully completed. After …
Urals Energy: Successfully Settles Outstanding Debt Claim
Urals Energy PCL, the independent exploration and production company with operations in Russia, is pleased to announce that the Company has now signed a comprehensive settlement agreement with Mr V Rovneiko, a former Director of the Company, on all outstanding litigation and pending or threatened disputes, following the discussions announced …
NOVATEK: YoY Gas Productions Up 11.3%
OAO NOVATEK reported today preliminary operating data for the fourth quarter and full year 2014. In the fourth quarter 2014, NOVATEK’s sales production totaled 16.27 billion cubic meters (bcm) of natural gas and 1,760 thousand tons of liquids (gas condensate and crude oil). The Company’s full year 2014 sales production …
Urals Energy: Petrosak Refinery Fire – None Injured, Oilfield Operations Unaffected
Urals Energy PCL, the independent exploration and production company with operations in Russia, announces that on 9 January 2015 a fire occurred at its Petrosak refinery caused by an accident which occurred during recent adverse weather conditions. No one was injured during the fire and the oil field operations were …
KMG EP: Appoints Dastan Abdulgafarov As CFO
KazMunaiGas Exploration Production JSC has appointed a new CFO, Dastan Abdulgafarov, following the resignation of Zhanneta Bekezhanova. Dastan Abdulgafarov, the former Managing Director of Business Development, has been appointed as the Chief Financial Officer (Deputy CEO for Economy and Finance). Dastan Abdulgafarov will also remain a member of the Company’s …
Zoltav Resources: Erlind Holdings Limited Acquires 4.48% of the Company
Zoltav, the CIS-focused oil and gas exploration and production company, announces that it was notified on 12 January 2015 that on 9 January 2015 Erlinad Holdings Limited (“Erlinad”), a company which is ultimately wholly beneficially owned by Mr. David Davidovich, acquired 6,353,568 ordinary shares in the Company (“Ordinary Shares”). As …
Surgutneftegas: 2014 Production Up 7%
Over twelve months of 2014, OJSC «Surgutneftegas» produced 61,425 thousand tonnes of crude oil. Last year, crude output in the Republic of Sakha (Yakutia) equaled 7,729 thousand tonnes, 7% up versus 2013.
Shelton Petroleum: Workovers Dip Rustamovskoye Production Numbers
Shelton Petroleum’s total oil production in December 2014 amounted to 25,000 barrels, equivalent to 806 barrels per day. The table below summarizes the production broken down by oil field. Dec 2014 Dec 2013 Jan-Dec 2014 Jan-Dec 2013 Jan-Dec 2012 Lelyaki 10,410 11,480 125,141 126,565 119,950 Rustamovskoye 14,590 18,320 196,236 122,305 …
Max Petroleum: Reserves Up 4%
Max Petroleum Plc, an oil and gas exploration and production company focused on Kazakhstan, announces Group reserves as at 30 September 2014 as estimated by its Competent Person, Ryder Scott Company LLC (“RSC”). The reserves reflect drilling results, forward oil pricing and other technical information as at that date, including …
Roxi Petroleum: Xinjiang Zhundong Petroleum Technology Looking To Acquire the Galaz Contract Area for $100m usd
Roxi, the Central Asian oil and gas company with a focus on Kazakhstan, is pleased to update the market with news of the Galaz Contract Area in which it holds an interest of 34.22 per cent. Roxi notes the announcement made by Xinjiang Zhundong Petroleum Technology Co., a Company listed …