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Novatek announces second quarter and first half 2013 IFRS results

NOVATEK  released its consolidated interim condensed financial information for the three and six months ended 30 June 2013 prepared in accordance with International Financial Reporting Standards (“IFRS”). IFRS Financial and Operational Highlights (in millions of Russian roubles unless otherwise stated)   2Q 2013 2Q 2012   1H 2013 1H 2012 Revenues 57,918 …

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Max Petroleum Plc: Successful development well at Zhana Makat

Max Petroleum Plc, an oil and gas exploration and production company focused on Kazakhstan, is pleased to announce that the ZMA-A21 development well in the Zhana Makat Field has successfully reached a total vertical depth of 861 metres, encountering hydrocarbons in Neocomian and Jurassic sandstone reservoirs in line with expectations. …

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Tatneft: Figures Demonstrating Results of Operations in July and for Seven Months of 2013

Crude Oil Production The amount of 2,217,706 tons of crude oil was produced at JSC TATNEFT in June accounting for 100.7 percent versus July 2012. The amount of 15,149,829 tons of crude oil was produced during seven months, which was 33,564 tons more than during seven months of 2012 (102.2 …

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Tethys Petroleum Limited: Kazakhstan Operation Plans

Tethys Petroleum Limited, the oil and gas exploration and production company focused on Central Asia, today announced its work programme in Kazakhstan for the second half of 2013. Forward Work Programme: • AKD08 (“Doto”) Exploration well to spud in early August • Further oil exploration wells planned after Doto results …

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Parker Drilling Acquires International Tubular Services Limited, A Premier International Rental Tools and Well Services Provider

Parker Drilling Company, an international drilling contractor anddrilling services and rentaltools provider, announced today the acquisition of International Tubular Services Limited and certain affiliates(ITS),subsidiaries of ITS Tubular Services(Holdings) Limited, a privately held internationalrentaltools and wellservices company. In line with Parker?sstrategic goalto offer additional integrated products,services and expertise to international energy …

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Dragon Oil plc: Interim Management Statement

Dragon Oil plc (Ticker: DGO), an international oil and gas exploration, development and production company, issues its Interim Management Statement in accordance with the EU Transparency Directive. The statement covers the period from 1 January 2013 to date. The financial, production and drilling results data are for the period from …

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Exillon Energy plc: Interim Management Statement

Exillon Energy plc, a London Premium listed oil producer with assets in two oil-rich regions of northern Russia, Timan-Pechora (“Exillon TP”) and West Siberia (“Exillon WS”), today issues its Interim Management Statement for the three month period ending 31 March 2013 (the “period”). Highlights ·     Average daily production of 14,869 bbls/day …

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Tatneft: Figures Demonstrating Results of Operations in January 2013

Crude Oil Production The amount of 2,208,944 tons of crude oil was produced at the JSC TATNEFT in January or 100.3% versus January 2012 with the above-the-plan production in the amount of 51,524 tons (102.4%). 2,183,370 tons of crude oil were delivered with the above-the-plan delivery amounting to 70,570 tons. …

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Rosneft Reserve Replacement Ratio Exceeds 130%, Hydrocarbon Resources Growth Nears 50%

Rosneft reviewed the results of DeGolyer & MacNaughton’s independent audit of its hydrocarbon reserves. According to the results of an audit performed by DeGolyer & MacNaughton under the SEC life-of-field classification, as of December 31, 2012 Rosneft proven hydrocarbon reserves stood at 18,956 million BOE. That includes oil reserves of …

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Slavneft’s Oil Production Reached 17.9 mln tons in 2012

In 2012, OAO NGK Slavneft’s entities produced 17.9 mln tons of oil which is 98.8% to the level of 2011. Gas production volume at the Company’s fields reached 841.0 cubic meters which is 0.5% lower than the past year’s level. Over the reporting period, 157 new wells were commissioned at …

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