Urals Energy: EGM Replaces Board – Long Live the King!
The newly elected Board of Directors of Urals Energy PCL, would like to thank those shareholders who have voted for them the recent extraordinary general meeting (the “EGM”) and announce results of the EGM and the new Board’s strategy going forward. Results of the EGM At the EGM held earlier …
Urals Energy: 2017 Strategy – Considerable Step Up in Drilling Program
The board of Urals Energy PCL, the independent exploration and production company with operations in Russia, today provides an update on its strategy for the first half of 2017. In addition the Company has today posted its corporate presentation on its website. Update on strategy The Company continues to prepare development …
Urals Energy: Aiming to Cautiously Ramp Up Activity in 2017
The board of Urals Energy PCL , the independent exploration and production company with operations in Russia, provides a post year-end update on trading for the year ended 31 December 2016 and the outlook for 2017. The Board also provides details of an intended capital reduction and share consolidation and a …
Urals Energy: Buys RK-Oil and BNV Oil
Urals Energy PCL, the independent exploration and production company with operations in Russia, is pleased to announce the acquisition of the entire issued share capital of two private Russian companies, RK-Oil Limited (“RK”) and BVN Oil Limited (“BVN”), from Mr Ilya Glebov. These companies were formed in 2014 in order …