Bortovoy

Zoltav, the CIS-focused oil and gas exploration and production company, provides an operational update regarding the Bortovoy Licence in the Saratov Oblast of the Russian Federation. Zoltav’s main priority since the acquisition of the Bortovoy Licence in June 2014 has been to restore the Western Gas Plant to its full …

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, the CIS-focused oil and gas exploration and production company, is pleased to announce the completion of the acquisition of Royal Atlantic Energy (Cyprus) Limited (“Royal Atlantic Energy”) (the “Acquisition”) and the admission at 8 a.m. today of its enlarged issued share capital to trading on the AIM market of …

On 16 December 2013 Zoltav, the CIS-focused oil and gas company, announced that it had entered into a conditional agreement with Bandbear Limited (“Bandbear”) to acquire the entire issued share capital of Royal Atlantic Energy (Cyprus) Limited (“Royal Atlantic Energy”) for a total consideration of US$180 million (the “Acquisition”). The …

Zoltav, the CIS-focused oil and gas exploration and development company, provides an update on operations during the 2013/14 drilling season. Highlights ·     Completed programme to acquire 466 square kilometres of 3D seismic and 71 kilometres of 2D seismic data across the Company’s Koltogor Licence in Khantiy-Mansisk, Western Siberia (the “Koltogor Exploration …

Zoltav, the CIS-focused oil and gas exploration and development company, is pleased to announce that it has signed a Sale and Purchase Agreement with Bandbear Limited, currently a 32.5 per cent shareholder in Zoltav, to acquire Royal Atlantic Energy (Cyprus) Limited (“Royal Atlantic Energy”) which, through a wholly-owned subsidiary, holds …