International Petroleum: Quarterly Activities Report for the Quarter Ending 30 June 2015
International Petroleum Limited (NSX: IOP) (“International Petroleum” or the “Company”), an oil and gas exploration company is pleased to present its activities report for the three months ending 30 June 2015. UPDATE ON KEY ISSUES US$3,464k cash at bank at 30 June 2015 Update on Niger project …
International Petroleum: Kazakh Field License Court Battle Continues
International Petroleum Limited (NSX: IOP) (“International Petroleum” or the “Company”), an oil and gas exploration company is pleased to present its activities report for the three months ending 30 September 2014, 31 December 2014 and 31 March 2015. UPDATE ON KEY ISSUES – US$4,387k cash at bank at 31 March …
International Petroleum: 6M Review and Update
International Petroleum Limited (NSX: IOP) (“International Petroleum” or the “Company”), an oil and gas exploration company is pleased to present its quarterly activities report for the quarter ended 31 March 2014 and the quarter ended 30 June 2014. UPDATE ON KEY ISSUES • US$121k cash at bank at 31 March …
International Petroleum: Alexander Osipov Appointed CEO, William McAvock Resigns as CFO
International Petroleum Limited (NSX: IOP) (“International Petroleum” or the “Company”) announces that the Board has appointed Mr Alexander Osipov as Chief Executive Officer of the Company, effective 9 June 2014. Mr William McAvock has resigned as Chief Financial Officer and Executive Director of the Company, effective 12 June 2014.
International Petroleum: Fails to Lodge Financial Reports and Has Trading Suspended
International Petroleum has failed to release their Preliminary Final Report for 31 December 2013 pursuant to NSX Listing Rule 6.11 and thus trading of its securities will remain in suspension. The securities of the Company will be restored to trading once it has satisfied its obligations pursuant to the NSX …
International Petroleum: Chris Hopkinson Resigns as CEO
International Petroleum Limited announces that Mr Chris Hopkinson has resigned as Chief Executive Officer and as a director of the Company with immediate effect. On behalf of the Board of Directors of the Company, I would like to thank Chris for all that he has done as Chief Executive Officer …
International Petroleum: Quarterly Activities Report for the Quarter Ending 30 September 2013
International Petroleum Limited, an oil and gas exploration company with assets in Russia, Kazakhstan and Niger, is pleased to present its quarterly activities report for the quarter ended 30 September 2013. HIGHLIGHTS • US$122,000 cash at bank at 30 September 2013 • Sale of Russian Assets and Kazakhstan Assets for …
International Petroleum Signs Binding Agreements for the Sale of Russian and Kazakhstan Assets for US $60 million
International Petroleum Limited has entered into two binding conditional terms sheets with an unrelated company incorporated in Hong Kong to sell its assets in Kazakhstan and Russia for US $60 million. Commenting on the reaching of agreement for the sale of its Kazakhstan and Russian assets, International Petroleum Chairman, Mr …
International Petroleum: Director Resignation
International Petroleum Limited announces that Mr Vladimir Mangazeev resigned as a non-executive director yesterday with immediate effect.Earlier this year, in order to minimise cash outflows, the Company temporarily ceased its oil and gas exploration and production activities in Russia. Since the Company has not been utilising Mr Mangazeev’s Russian oil …
International Petroleum: Director Resignations
International Petroleum Limited announcesthat Mr Antonio Antoniou and Mr Pierre Godec resigned as non-executive directors yesterday with immediate effect. Given that, in order to minimise cash outflows, the Company has temporarily ceased its oil and gas exploration and production activities and that it is in discussions with a third party …