Russia Oil Gas Magazine

Eurasia Drilling Company: 5 Board Members Resign

Eurasia Drilling Company Limited announces that Messrs. Richard Anderson, Maurice Dijols, Jed DiPaolo, Martin Hanson and Anatoliy Kozyrev have resigned as directors of the Company effective October 1, 2015. The Company wishes to thank them for their assistance in directing the activities of the Company during their tenure.

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Russia Oil Gas Magazine

Eurasia Drilling Company: Results Pleasing in – Challenging Market Environment, High Geopolitical Tensions,Declining Oil Prices and Weakening Ruble

Eurasia Drilling Company Limited, the leading onshore & offshore drilling service provider in the CIS, today announced its operational and financial update for the nine months ending September 30, 2014. The financial data is based on management assessment only and has not been reviewed by external auditors. NINE MONTHS 2014 …

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EDC: 1H Results – Revenues Down, Income Down, Horizontal and Lukoil Drilling Metres Up

Eurasia Drilling Company Limited, the leading onshore & offshore drilling service provider in the CIS, today releases its Interim Consolidated Financial Results, prepared in accordance with US GAAP, for the six month period ended June 30, 2014. The reviewed 2014 Interim Consolidated Financial Statements for the six months ended June …

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EDC Reports 2013 Full Year Results: NET Income up 13%

Eurasia Drilling Company Limited,the leading onshore & offshore drilling service provider in the CIS, today announced its consolidated financial results for the year ended December 31, 2013, prepared in accordance with US GAAP. The audited Consolidated Financial Statements for the twelve months ended December 31, 2013, and Management’s Report on …

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EDC Group: First Half Financials – Revenue Up 7.6%

Eurasia Drilling Company Limited, the leading onshore and offshore drilling service provider in the CIS, today released its Interim Consolidated Financial Results, prepared in accordance with US GAAP, for the six month period ended June 30, 2013. The reviewed 2013 Interim Consolidated Financial Statements for the six months ended June …

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Eurasia Drilling Sees 50% Growth Potential in Horizontal Drilling in 2013

Eurasia Drilling expects sales to grow 12.5 percent to $3.6 billion this year as the largest Russian oil driller boosts lucrative “horizontal” projects. “The main reason is horizontal drilling, which should be up substantially,” Chief Financial Officer Richard Anderson said today by phone from Moscow. “The wells cost more.” Total …

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Eurasia Drilling Financial Results

Eurasia Drilling Company Limited, the leading onshore and offshore drilling service provider in the CIS, today released its Interim Consolidated Financial Results, prepared in accordance with US GAAP, for the six month period ended June 30, 2011. The reviewed 2011 Interim Consolidated Financial Statements for the six months ended June …

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