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 …
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 …
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 …
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 …
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 – …
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 – …
Zoltav Resources: Koltogor Reserves Up 546m Barrels
Zoltav, the Russia and CIS-focused oil and gas exploration and production company, is pleased to announce that the Russian Federal Agency for Subsoil Use (“Rosnedra”) has registered an additional 546 million barrels (mm bbls) of Russian standard C1 plus C2 oil reserves for the Koltogor Exploration and Production Licence (the …
Zoltav Resources: Alastair Ferguson Appointed as Executive Director
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 Resources: Completes Acquisition of the Bortovoy License and Admission to Trading on AIM
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 …
Zoltav Resources: Clarifies Koltgor Production and Registration
Zoltav, the CIS-focused oil and gas company, notes reports in Russian media sources today regarding the registration, by the Russian State Reserve Commission (“GKZ”), of an oil discovery made within Zoltav’s Koltogor 10 Exploration Licence (“Koltogor 10”) in the Khantiy-Mansisk Autonomous Okrug. As stated in the Operational Update announcement dated …