Urals Energy: Leonid Dyachenko Confirmed as CEO, Alexei Ogarev Steps Down From the Board
The board of Urals Energy PCL, the independent exploration and production company with operations in Russia, announces that Mr Alexei Ogarev yesterday notified the Board of Urals Energy (the “Board”) of his decision to resign from the Board with immediate effect. Mr Ogarev has informed the Board that his decision …
Urals Energy: Receives Short Term $6m Loan from Petraco Ahead of Anticipated Tanker Shipment
The Board of Urals Energy PCL, the independent exploration and production company with operations in Russia, is pleased to announce that it has entered into a pre-export short term loan finance arrangement with Petraco Oil Company Limited (“Petraco”) under which Petraco will advance the sum of US$6.0 million to the …
Urals Energy – EGM Update
Urals Energy PCL, the independent exploration and production company with operations in Russia, is pleased to make the following statement ahead of the Company’s Extraordinary General Meeting that is being held in Cyprus at 9 a.m. (BST) today. As stated previously, the Board of Urals Energy believes that the Company’s …
Urals Energy: ArticNeft – Workover Increases Production By 30%
Urals Energy PCL, the independent exploration and production company with operations in Russia, is pleased to provide an operations update: ArticNeft The workover programme continues with well #546 showing a 30% increase in flow rate to 79 bbl/d. Wells #547 and #548 have been closed down temporarily to allow for …
Urals Energy: ArticNeft – Workover Successful, Petrosakh – Cementing Underway
Urals Energy PCL, the independent exploration and production company with operations in Russia, is pleased to announce the following update on its operations at ArticNeft and Petrosakh as well an update on the litigation: ArticNeft Perforation of four wells of its six well work over programme has been successfully completed. …
Urals Energy: Workover Commences on ArticNeft Wells – Fracking Unlikely This Year
Urals Energy PCL, the independent exploration and production company with operations in Russia, is pleased to announce a drilling update and further information on the recent accident at the Petrosakh refinery and the workover at Articneft. ArticNeft A first workover of well #546 at ArticNeft has been successfully completed. After …
Urals Energy: Petrosakh Drilling Completed Awaiting Test Results, Arcticneft Tanker Shipment Underway
Urals Energy, the independent exploration and production company with operations in Russia, is pleased to announce the following update on its operations at Petrosakh and Articneft assets as well as the Board’s preliminary findings on the Alleged Debt Repayment Agreement. Petrosakh As outlined in the Circular posted to shareholders on …
Urals Energy: Passive Seismic Survey at Articneft
Urals Energy PCL , the independent exploration and production company with operations in Russia, announces that a two part Passive Seismic survey has been completed for Articneft on the island of Kolguev by GeoDynamics Worldwide srl, and the Company expects to receive the full results in late August / early …