Matra Petroleum: New Strategy Focuses On More Attractive US Fields
Matra Petroleum, the oil and gas investing company, is pleased to provide the following strategy update on progress towards implementing its investment policy and making a value accretive acquisition. The Company has appraised and evaluated a number of opportunities in Russia and the CIS and has concluded that the valuations …
Urals Energy: Requisition of an Extraordinary General Meeting Called As Board Battle Hots Up
Urals Energy PCL, the independent exploration and production company with operations in Russia, announces that it has received a notice requisitioning an extraordinary general meeting of shareholders to consider the removal of Andrew Shrager, Alexei Maximov, Leonid Y Dyachenko, Aleksey V Ogarev, Ingeborg Srenger and Stephen Buscher from the board …
Matra Petroleum: Half Yearly Results
Matra Petroleum plc, the oil and gas Investing Company, today announces its results for the six-month period ending 30 June 2013. Highlights Operational – Successfully completed 2D and 3D seismic survey on the Sokolovskoe Field – Average production from the Sokolovskoe Field of 126.4 bopd Corporate – ALLTECH introduced as …
Matra Petroleum: Proposed Disposal of Arkhangelovskoe Licence
Matra Petroleum is pleased to announce that it has signed an agreement to dispose of its 100% interest in the Arkhangelovskoe Licence which includes the Sokolovskoe Field, to a third party, consisting of an initial payment of US$25 million with a further payment of US$10 million payable within nine months, …
Barskiy Joins Matra, Investing 4.6m GBP
Matra, the independent oil and gas exploration and production Company with operations in Russia, is pleased to announce that it has entered into an agreement with Mr. Maxim Barskiy, pursuant to which it is proposed that Mr Barskiy will become a strategic investor and a non-executive director of the Company. …