Nostrum Oil & Gas: Proven Reserve Replacements Ratio at 65%
Nostrum Oil & Gas PLC, an independent oil and gas company engaging in the production, development and exploration of oil and gas in the pre-Caspian Basin, today announces the results of the independent reserves audit of its licenses in north-western Kazakhstan as at 31 December 2014. Highlights from the 2014 …
Nostrum Oil & Gas: Proven Reserve Replacements Ratio at 65%
Nostrum Oil & Gas PLC, an independent oil and gas company engaging in the production, development and exploration of oil and gas in the pre-Caspian Basin, today announces the results of the independent reserves audit of its licenses in north-western Kazakhstan as at 31 December 2014. Highlights from the 2014 …
Max Petroleum: Reserves Up 4%
Max Petroleum Plc, an oil and gas exploration and production company focused on Kazakhstan, announces Group reserves as at 30 September 2014 as estimated by its Competent Person, Ryder Scott Company LLC (“RSC”). The reserves reflect drilling results, forward oil pricing and other technical information as at that date, including …
Max Petroleum: For Sale – Company Commences Formal Sale Process
Max Petroleum today announces that it is launching a review of strategic options open to the Company with the intention of maximising value for shareholders. The review of strategic options may include a corporate transaction such as a merger with, acquisition of or subscription for the Company’s securities by a …
Max Petroleum: 3P Reserves Up 7%, Production up 17%
Max Petroleum Plc, an oil and gas company focused on Kazakhstan, announces Group reserves as at 31 March 2014 as estimated by its Competent Person, Ryder Scott Company LLC (“RSC”). The reserves reflect drilling results and other technical information as at that date, including the results from 35 wells drilled …
Petroneft Resources Successful Fracture and Workover Programme
PetroNeft Resources plc, the owner and operator of Licences 61 and 67, Tomsk Oblast, Russian Federation, is pleased to announce an update on its operations. Highlights: • 10 well hydraulic fracturing programme completed • Wells now being brought back online and cleaning-up • Initial results encouraging • Additional five well …
International Petroleum Oil Discovered in Krasnoleninskiy Well No 2 and testing results from Well No 1
International Petroleum Limited, an oil and gas exploration company with assets in Kazakhstan and Russia, is pleased to announce that oil has been found during drilling of Well No. 2 and provide an update on drilling of Well No. 1 at its Krasnoleninskiy Project in Western Siberia. Preliminary investigations on …