Urals Energy: Completes Acquisition of The Arctic Oil Company
Further to the announcement made on 23 August 2016, Urals Energy, the independent exploration and production company with operations in Russia, is pleased to confirm that the acquisition of the entire share capital of Arctic Oil Company Limited (“ANK”) from JSC ArcticMorNefteGazRazvedka (“AMNGR”) has completed. The consideration for this acquisition …
Rosneft and BP Russia: Sign Collaborative Agreement with Schlumberger on Seismic Research and Development
Rosneft, BP and Schlumberger today announced agreements for collaboration on seismic research and development. The agreements were signed at the Eastern Economic Forum (EEF) in Vladivostok, Russia, by Rosneft CEO Igor Sechin and President of BP Russia David Campbell. Schlumberger was represented by President for Russia and Central Asia Gokhan …
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 …
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 …
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 …
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 …
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 …
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: …
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 …
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 …