Shelton Petroleum: Interim Report January-June 2013
Strengthened financial position accelerates increases in production January – June 2013 *Total revenue for the period: SEK 46 (52*) million *Operating result for the period: SEK 11 (18*) million *One-off item increased revenue and profit for 2012 by SEK 7[1] million *Basic and diluted earnings per share: SEK -0.44 (1.37) …
Max Petroleum: 2013 Annual Report and Accounts and Notice of AGM
Max Petroleum, an oil and gas exploration and production company focused on Kazakhstan, today announces the publication of its annual report and accounts for the year ended 31 March 2013. The Company also announces that its Annual General Meeting will be held at 11:00 am on Wednesday 25 September 2013, …
Rosneft and ExxonMobil Proceed with LNG Project Implementation
Rosneft and ExxonMobil continue to progress the LNG project proposed in the Russian Far East. The contractor selection process for design and engineering work has officially commenced. In 2013-2014 Rosneft and ExxonMobil plan to complete design work, including selection of a liquefaction technology and identification of major equipment requirements, to …
Gazprom Neft’s Board of Directors Recommends Payment of Interim Dividends
Gazprom Neft’s Board of Directors has called for an extraordinary general meeting (EGM) to consider payment of an interim dividend for the 6 months ended 30 June 2013. The EGM will be held on 30 September 2013. The record date for participation in the EGM is the close of business on 25 August 2013. The Board recommends that Gazprom Neft’s shareholders approve the payment of a dividend …
Alliance Oil: Interim Report for the Quarter and Six Months Ended 30 June 2013
Quarter ended 30 June 2013 Revenue of MUSD 906.6, up 11% from Q2 2012. EBITDA of MUSD 173.1, up 30% from Q2 2012. Profit before tax of MUSD 59.3, up 102% from Q2 2012. Currency exchange loss of MUSD 19.8 negatively affected profit before tax. Profit for the period of …
KazTransGas National Gas Shipping Company to purchase annually 2.5-3 billion cubic meters of gas from Kashagan consortium
KazTransGas National Gas Shipping Company has signed an agreement with Kashagan consortium member companies to purchase 2.5-3 billion cubic meters of gas a year to be produced at the giant Kashagan oilfield. “According to the agreement, KazTransGas is to purchase all the gas to be produced at Kashagan at the …
Ruspetro Signs $30m Prepayment Facility with Glencore
Ruspetro plc today announces that the Company has signed a crude oil prepayment facility with Glencore Energy UK Ltd for US$30 million. The facility is for a period of one year and requires the Company to deliver a minimum of 15,000 metric tonnes per quarter (approximately 1,200 bopd) of crude …
Kara-Summer 2013 Expedition Ends Fieldworks in the Kara Sea
The Kara-Summer 2013 expedition organized by Rosneft in partnership with the Arctic and Antarctic Research Institute completed its voyage on August 16, 2013. Experts spent 30 days at sea aboard the Akademik Fyodorov survey vessel owned by the Arctic and Antarctic Research Institute. They conducted a large scale met-ocean survey …
SOCAR Works Out Schedule to Rectify Accident at Bulla-Deniz Field
Under the instruction of SOCAR President, the Commission was set up to eliminate the accident followed by gas show at the exploration well #90 at Bulla-Deniz field. The Commission members are comprised of specialists of SOCAR and the Ministry of Emergency Situations. The 1st session of the Commission was held …
Roxi Petroleum: Shallow and Deep Well Update on BNG
Roxi, the Central Asian oil and gas company with a focus on Kazakhstan, is pleased to provide an operational update on its flagship BNG asset, in which Roxi maintains a 58.41% interest. Shallow wells Well 143 As previously announced, Well 143 was spudded on 1 April 2013, on the MJ-F …