C.A.T. oil AG Confirms the Resignation of the Supervisory Board
Management and the Supervisory Board of Vienna based C.A.T. oil AG confirm the resignation of the chairman of the Supervisory Board, Mr Gerhard Strate, and the remaining members of the Supervisory Board with immediate effect. Mr Manfred Kastner, CEO, expressed on behalf of the Company gratitude and recognition for the …
C.A.T oil AG: Management Board Steps Down
Anna Brinkmann, member of the management board and Chief Operating Officer of C.A.T. oil AG, has, in agreement with the supervisory board, resigned from the Company’s management board with immediate effect. She has decided to take this step in order to be able to exercise her rights as significant shareholder …
C.A.T oil AG: Board Accepts Joma Industrial Bid but is Still Wary of Their Intentions
The Management Board and Supervisory Board of C.A.T. oil AG today published their Joint Reasoned Statement pursuant to Article 27 WpÜG on the takeover offer made by Joma Industrial Source Corp. (“Joma”) on December 11, 2014. In this statement, Management Board and Supervisory Board indicate that the offer price of …
C.A.T. oil Achieved All-time High in Job Count, Profitability and Earnings in Q3 2014
C.A.T. oil AG, one of the leading providers of oil and gas field services in Russia and Kazakhstan, successfully continued on its profitable growth track in the third quarter. The Company successfully boosted revenues and achieved a signifi- cant earnings growth despite persisting geopolitical instabilities. C.A.T. oil benefited from positive …
C.A.T oil AG:Income Up 12.5%. Revenues Up 1% Despite Rouble Devaluation
C.A.T. oil AG, one of the leading providers of oil and gas field services in Russia and Kazakhstan, significantly boosted its earnings and profitability in the second quarter of the year. Despite the increased political uncertainties, C.A.T. oil experienced a very strong upturn in customers’ demand for its services and …
C.A.T oil AG: Revenues Up Despite 18% Rouble Drop Vs Euro
C.A.T. oil AG,one of the leading providers of oil and gas field services in Russia and Kazakhstan, significantly boosted its earnings and profitability in the second quarter of the year. Despite the increased political uncertainties, C.A.T. oil experienced a very strong upturn in customers’ demand for its services and further …
C.A.T. oil AG: Retains 2014 Outlook and 390m Euro Investment – Sanctions Not to Have an Effect
C.A.T. oil AG,one of the leading providers of oil and gas field services in Russia and Kazakhstan, reiterates its outlook for the current fiscal year following the initial assessment of the effects of the latest EU and US export restrictions for the Russian oil industry. C.A.T. oil expects revenues in …
C.A.T. oil AG: Order Book 2014-16 Hits All-Time High of EUR 754 Million
C.A.T. oil AG, one of the leading providers of oil and gas field services in Russia and Kazakhstan, has made significant progress in its 2014 tendering campaign: As of 26 February 2014, the Company’s total order book for 2014-16 hit an all-time high of EUR 754 million (based on a …
C.A.T. oil AG: 100% of Hydraulic Fracturing Capacity Successfully Marketed for 2014
C.A.T. oil AG, one of the leading providers of oil and gas field services in Russia and Kazakhstan, today announced that it has successfully marketed its fracturing capacities. The Company’s operating subsidiary CATKoneft has been awarded a tender worth EUR 148 million (based on a rouble-to-euro exchange rate of 47) …
C.A.T. Oil AG: Early and Significant Success in 2014 Tendering Campaign
C.A.T. oil AG, one of the leading providers of oil and gas field services in Russia and Kazakh-stan, today announced an early and significant success in its 2014 tendering campaign. For a three-year period starting in 2014 the Company has been awarded a tender worth EUR 281 million (based on …