Oil & Gas Operators

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 …

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Oil & Gas Operators

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 …

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Oil & Gas Operators

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 …

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Oil & Gas Operators

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.

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Oil & Gas Operators

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 …

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Oil & Gas Operators

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 …

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Oil & Gas Operators

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 …

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Oil & Gas Operators

Worldview: Seeks EGM and Removal of Brian O’Cathain as CEO of Petroceltic International

Requisition of EGM Worldview requisitions EGM of Petroceltic International Plc to remove CEO Brian O’Cathain as a director and strengthen the Board with an industry veteran who brings an outstanding track record of delivering success and good governance, as well as appoint its own representative to the Board thereby emphasising …

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Oil & Gas Operators

Worldview: Seeks EGM and Removal of Brian O'Cathain as CEO of Petroceltic International

Requisition of EGM Worldview requisitions EGM of Petroceltic International Plc to remove CEO Brian O’Cathain as a director and strengthen the Board with an industry veteran who brings an outstanding track record of delivering success and good governance, as well as appoint its own representative to the Board thereby emphasising …

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Oil & Gas Operators

Tethys Petroleum: Given 4 Year Extension to the Akkulka Exploration Contract

Tethys Petroleum Limited today announced that its wholly owned Kazakh subsidiary, TethysAralGaz LLP (“TAG”), has received permission from the Ministry of Energy of the Republic of Kazakhstan to extend the Akkulka Exploration Contract (the “Contract”) for another four years, from March 10, 2015 to March 10, 2019 (subject to certain …

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