Arcticneft

Urals Energy, the independent exploration and production company with operations in Russia, is pleased to announce its half-year results for the six months ended 30 June 2014. Operational Highlights Total production at Arcticneft reached 118,958 barrels (H1-2013: 125,651 barrels). Total production at Petrosakh reached 210,435 barrels (H1-2013: 240,533 barrels). Current …

Urals Energy, the independent exploration and production company with operations in Russia, is pleased to announce that the Company has settled its remaining indebtedness to Petraco Oil Company (“Petraco”) totalling US$8.6 million. This settlement consists of US$3.0 million of the remaining interest payment outstanding in accordance with the restructuring agreement …

Urals Energy, the independent exploration and production company with operations in Russia, is pleased to announce the following operational update. Petrosakh As announced on 1 November 2013, drilling at Well #53 in the Petrosakh field on Sakhalyn Island has been completed and the Company is pleased to report that the …

Urals Energy, the independent exploration and production company with operations in Russia, is pleased to announce that the planned annual tanker shipment for export from Articneft on Kolguyev Island has been completed successfully.  The tanker left Kolguyev Island on Saturday 9 November 2013 with 25,008 tons of crude (an equivalent …

Urals Energy PCL, the independent exploration and production company with operations in Russia, is pleased to announce its half-year results for the six months ended 30 June 2013. Operational Hghlights – Total production at Arcticneft reached 125,651 barrels (H1-2012: 128,249 barrels). – Total production at Petrosakh reached 240,533 barrels (H1-2012: …