Eurasia Journal News

Abramovich’s Son’s Company Was Allowed To Commission 3 Gas Fields Of The Vostok Project

Diall Alliance LLC (controlled by Arkady Abramovich) received permission from Rosnedra to commission production facilities at three fields in the eastern part of the Bortovoy license area in the Saratov region, the regional Ministry of Industry and Energy reports. We are talking about the objects of the Pavlovskoye field in …

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Eurasia Journal News

Zoltav: Exploration Programme Assess the Carbonian and Devonian Structures

Zoltav, the Russia-focused oil and gas exploration and production company, is pleased to provide an update on the Company’s exploration programme to assess the resource potential of the Carbonian and Devonian structures in the Western Fields of the Bortovoy Licence, Saratov.   As previously stated, Zoltav believes there is potential to …

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Eurasia Journal News

Zoltav Resources: Challenging Geology Affecting Drilling Program

Zoltav, the Russia-focused oil and gas exploration and production company, provides an update on operations on the Bortovoy Licence, Saratov. In Zoltav’s half-year report published on 26 September 2017, the Company stated that it was re-evaluating the forward drilling programme for the Permian Basin in the Western Fields in order …

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Eurasia Journal News

Zoltav Resources: 2017 1H Results – Production Down 10%, Revenues Up 33%

Zoltav (AIM: ZOL), the Russia-focused oil and gas exploration and production company, announces results for the six months ended 30 June 2017. The full report is available to download from the Investor Relations section of the Company’s website at www.zoltav.com. Financial Highlights · Zoltav delivered a 33% increase in net …

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Eurasia Journal News

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 …

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Eurasia Journal News

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 …

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Eurasia Journal News

Zoltav Resources: Revenues Up Operating Losses Down

Zoltav, the Russia and CIS-focused oil and gas exploration and production company, announces results for the six months ended 30 June 2015. The full report is available to download from the Investor Relations section of the Company’s website at www.zoltav.com. Operational Highlights – Bortovoy · Produced 46.6 million cubic feet …

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Eurasia Journal News

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 – …

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Eurasia Journal News

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 – …

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Eurasia Journal News

Zoltav Resources: Better than Expected Production from the Karpenskoye Well Brings the Western Gas Plant to Full Production

Zoltav, the CIS-focused oil and gas exploration and production company, is pleased to provide an operational update regarding its Bortovoy Licence in the Saratov Oblast of the Russian Federation. As previously reported, Zoltav’s main priority since the acquisition of the Bortovoy Licence in June 2014 has been to bring the …

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