Zoltav Resources: 2015 Financial Results – Revenues Up 41%, Operating Profit of $1.1m
Zoltav, the Russia and CIS-focused oil and gas exploration and production company, announces final results for the year ended 31 December 2015 – a period in which the Company generated its first operating profit. Financial Highlights · Revenues from production increased by 41% to US$28.1 million (2014: US$20.0 million, from …
Zoltav Resources: 2015 Results – Revenues Up 41%, First Operating Profit of $1.1m USD
Zoltav, the Russia and CIS-focused oil and gas exploration and production company, announces final results for the year ended 31 December 2015 – a period in which the Company generated its first operating profit. Financial Highlights · Revenues from production increased by 41% to US$28.1 million (2014: US$20.0 million, from …
KMG EP: Elects New Board
JSC KazMunaiGas Exploration Production (“KMG EP” or the “Company”) held an extraordinary general meeting of its shareholders (“EGM”), where the new Board was elected for a term to May 25th, 2017 inclusive. The EGM appointed Mr Gustave Louis Eugene van Meerbeke, representative from the National Company KazMunayGas (“NC KMG”) to …
Zoltav Resources: Strengths Board Experience and Corporate Governance
Zoltav Resources (AIM: ZOL), the CIS-focused oil and gas exploration and production company, is pleased to announce the appointments, with immediate effect, of Alexander Gorodetsky and Andrey Immel as non-executive directors of the Company. Mr Gorodetsky joins the board as an independent non-executive director and brings to the Company a …
Zoltav Resources: Aiming to “Live Within Our Means and Focus on Operational Excellence”
Zoltav, the Russia and CIS-focused oil and gas exploration and production company, announces final results for the year ended 31 December 2014. Corporate Highlights · Acquired 100 per cent. interest in the Bortovoy Licence in the Saratov Oblast of the Russian Federation on 18 June 2014 for US$180 million – …
Zoltav Resources: Aiming to "Live Within Our Means and Focus on Operational Excellence"
Zoltav, the Russia and CIS-focused oil and gas exploration and production company, announces final results for the year ended 31 December 2014. Corporate Highlights · Acquired 100 per cent. interest in the Bortovoy Licence in the Saratov Oblast of the Russian Federation on 18 June 2014 for US$180 million – …
Zoltav Resources: Koltogor Reserves Up 546m Barrels
Zoltav, the Russia and CIS-focused oil and gas exploration and production company, is pleased to announce that the Russian Federal Agency for Subsoil Use (“Rosnedra”) has registered an additional 546 million barrels (mm bbls) of Russian standard C1 plus C2 oil reserves for the Koltogor Exploration and Production Licence (the …
Zoltav Resources: Board Shake Up – Alastair Ferguson To Become Executive Chairman,
Zoltav Resources, the CIS-focused oil and gas exploration and production company, is pleased to announce a number of changes to the board with effect from 31 December 2014. Symon Drake-Brockman will be stepping down as executive chairman of the board and will become a non-executive director. Alastair Ferguson (currently an executive …
Zoltav Resources: Alastair Ferguson Appointed as Executive Director
Zoltav, the CIS-focused oil and gas exploration and production company, is pleased to announce that Alastair Ferguson, a non-executive director of the Company since 19 May 2014, has become an executive director. Mr Ferguson has an extensive background in the oil and gas industry having held both technical and senior …
Zoltav Resources: Appointments of Non-executive Directors
Zoltav (AIM: ZOL), the CIS-focused oil and gas company, is pleased to announce the appointments, effective immediately, of Marcus Rhodes and Alastair Ferguson, both as non-executive directors of the Company. Mr Rhodes is an experienced director of major publicly-listed companies operating in Russia and the CIS. He is a qualified …