Eurasia Journal News

Petrosibir: Freshly Appointed CEO, Dmitry Zubatyuk, Resigns

The CEO of Petrosibir, Dmitry Zubatyuk, has notified the Board of his resignation. The Board has initiated a search process for a new CEO. Dmitry Zubatyuk was appointed CEO in the end of January 2016. Mr. Zubatyuk has informed the board that he has decided to resign from his position …

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Eurasia Journal News

Petrosibir: February 2016 Production

Production report for February 2016 The table below summarizes the production broken down by region. * On 16 December 2015 Petrosibir acquired its 49% share of the Komi operations. The tables for the full year 2015 therefore only include 16 days of production from Komi. The average daily production for …

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Eurasia Journal News

Petrosibir AB: 2015 Annual Report

Transition of Petrosibir There have been a number of significant transactions affecting Petrosibir in 2015. In December 2015 Petrosibir distributed the Ukrainian operations to its shareholders and also in December 2015 Petrosibir acquired a 49% interest in certain oil and gas assets in the Russian republic of Komi. Following these …

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Eurasia Journal News

Petrosibir: January 2016 Production – 41,130 Barrels

Petrosibir’s total oil production in January 2016 amounted to 41,130 barrels, equivalent to 1,327 barrels per day. The table below summarizes the production broken down by region. Petrosibir owns 100% of the Russian company Ingeo Holding, which holds a production license in Bashkiria. Petrosibir also owns 49% of the Cypriot …

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Eurasia Journal News

Petrosibir AB: New CEO in Petrosibir

As one of the final steps in the agreement between Petrosibir and Petrogrand the Board has appointed Dmitry Zubatyuk CEO of Petrosibir. The Board has also appointed the company’s current CFO Gunnar Danielsson deputy CEO. On 9 November 2015 extraordinary general meetings in Petrosibir AB (Petrosibir) and Petrogrand AB (Petrogrand) …

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Eurasia Journal News

Petrogrand and Shelton Petroleum: AGM – Confirms Merger, Delisting and Dividend Plocies

Following the Extraordinary Shareholders’ Meetings in Petrogrand AB and Shelton Petroleum AB (currently Petrosibir AB) on 9 November 2015, the business combination of the two entities was completed in late December 2015. Shortly after the EGM, the Disciplinary Committee of Nasdaq Stockholm decided to delist both companies’ shares as of …

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Eurasia Journal News

Petrosibir: Produces 31340 Barrels in December

Petrosibir’s total oil production in December 2015 amounted to 31,340 barrels, equivalent to 1,688 barrels per day. The table below summarizes the production broken down by region. Petrosibir owns 100% of the Russian company Ingeo Holding, which holds a production license in Bashkiria. Petrosibir owns 49% of the Cypriot company …

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Eurasia Journal News

Petrogrand and Shelton Petroleum: Complete Share Swap and Name Change to Petrosibir AB

The transaction with Shelton Petroleum AB (publ) is proceeding according to the previously published plan and renaming to Petrosibir AB. Petrogrand has subsrcibed for 17,500,000 newly issued B-Shares in Shelton Petroleum AB (publ). Petrogrand owns now about 61 percent of shares and approximately 52 percent of the votes in Shelton …

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Eurasia Journal News

Petrogrand: 9m Results – No Operating Income in the 3rd Quarter

Third quarter of 2015 • Oil production in Ripiano attributed to Petrogrand increased in the third quarter by 14% to 84 274 barrels of oil or an average of 916 bopd compared to the previous quarter • During the third quarter, the Group had no operating income (-). The operating …

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