Tethys Petroleum Limited: First Quarter 2014 Financial Results
Tethys Petroleum Limited(“Tethys” or the “Company”) (TSX:TPL) (LSE:TPL) today announced its First Quarter 2014 Financial Results. Corporate Highlights — Drilling of a further 3 successful shallow gas exploration wells: AKK17, AKK18 and AKK19. These wells have a predicted test capacity of over 20 million cubic feet (570,000 cubic metres) of …
Shelton Petroleum AB: New date for Shelton Petroleum’s Annual General Meeting
The Annual General Meeting in Shelton Petroleum, previously scheduled for 20 May 2014, will be held on 30 June 2014. A notice for the meeting will be published shortly. As Petrogrand AB (publ) (“Petrogrand”) has initiated a matter with the Swedish Securities Council in relation to Shelton Petroleum AB’s (publ) …
Igor Sechin Started Exploration Drilling at the Northern Chaivo Field
Rosneft started implementation of a large-scale project aimed at drilling of the first exploration well at the Northern Chaivo field (Sakhalin-1 project). Rosneft President, Chairman of the Management Board Igor Sechin and Sakhalin Region Governor Alexander Khoroshavin attended the grand ceremony. As stated by Igor Sechin speaking at the ceremony …
Gazprom: Yuzhno-Kirinskoye gas reserves increased 13 per cent – to 636.6 billion cubic meters
On the threshold of Gazprom‘s annual General Shareholders Meeting the Company’s headquarters hosted today the Press Conference “Mineral and Raw Material Base Development. Gas Production. Gas Transmission System Development”. Taking part in the Press Conference were Vitaly Markelov, Deputy Chairman of the Management Committee, Gazprom; Members of the Gazprom Management …
Bashneft And Lukoil Establish JV To Conduct Geological Exploration And Develop License Areas In The Nenets Autonomous District
JSOC Bashneft and OJSC Lukoil have established a new joint venture (JV), LLC Vostok NAO Oil Company, to conduct geological exploration and prospecting and produce hydrocarbons at the companies’ license areas in the Nenets Autonomous District. ‘We welcome greater cooperation with Lukoil. Successful development of the Trebs and Titov fields in the Nenets Autonomous District has proved …
Tethys Petroleum Limited: First Quarter 2014 Financial Results
Tethys Petroleum Limited today announced its First Quarter 2014 Financial Results. Corporate Highlights Drilling of a further 3 successful shallow gas exploration wells: AKK17,AKK18 and AKK19. These wells have a predicted test capacity of over 20 million cubic feet (570,000 cubic metres) of gas per day based on nearby similar …
Petrogrand AB Interim Report Q1 2014
First quarter of 2014 During the 1st quarter, Petrogrand AB had no operating income (-). The operating result for the 1st quarter amounted to TSEK -9 578 (-7 901), which includes about TSEK -4 000 of extraordinary costs. Net financial items in the 1st quarter amounted to TSEK 627 (3 …
Igor Sechin held talks with Zhou Jipng
As part of the preparations for the visit of President of the Russian Federation Vladimir Putin to China, Rosneft President, Chairman of the Management Board Igor Sechin held a meeting with Chou Dzipin, General Director of China National Natural Gas and Petroleum Corporation on the 15th of May. The parties …
LUKOIL: Approves Annual Report – Proven Reserves to Last 21 Years
The OAO “LUKOIL” Board of Directors granted tentative approval to the Annual Report of OAO “LUKOIL” for 2013, in Moscow today, in accordance with the Federal Law of the Russian Federation on Joint-stock Companies and the company’s Charter. The document is recommended for approval at the General Shareholders Meeting of …
Gazprom Neft: Q1 Financials – EBITDA Up but Profit Down Due to Foreign Exchange Losses
A stronger financial performance in 1Q 2014 compared with 1Q 2013 was driven by increased hydrocarbon production volumes and a rise in product sales via premium channels. These factors led to a 9.6% Y-o-Y increase in adjusted EBITDA* (84.03 RUB bln). Net profit attributable to Gazprom Neft’s shareholders was 37.82 …