Max Petroleum: Sberbank Loans Renegotiated, Asanketken Field Given FFD Green Light
Max Petroleum Plc, an oil and gas company focused on Kazakhstan, announces today an corporate and operational update. Subscription by AGR Energy On 4 August 2014, Max Petroleum announced that it had raised conditionally approximately £37.1 million before expenses by way of a cash subscription by AGR Energy Limited No. …
Max Petroleum: Closing of Second Tranche of Sberbank Facility
Max Petroleum Plc, an oil and gas exploration and production company focused on Kazakhstan, is pleased to announce that it has completed the closing of the final US$30 million tranche of its senior credit facility with SB Sberbank JSC, allowing the Company to draw down the entire US$90 million in …
Max Petroleum Completes Sberbank Credit Facility of $90m USD
Max Petroleum, an oil and gas exploration and production company focused on Kazakhstan, is pleased to announce today it has completed the initial closing of its US$90 million senior credit facility with SB Sberbank JSC, allowing the Company to draw down up to US$60 million to repay US$47 million to …
Rosneft Closes Acquisition of 35.3% Stake in Taas-Yuryakh Project from Sberbank
Rosneft has closed a deal to acquire a 35.3% stake in Taas-Yuryakh Neftegazodobycha from Sberbank. The value of the deal was set to correspond to the historic cost of the project for Sberbank, equalling $444 million. Taas-Yuryakh Neftegazodobycha is the holder of oil production licences for the Srednebotuobinsk oil and …