NOVATEK: YoY Gas Productions Up 11.3%
OAO NOVATEK reported today preliminary operating data for the fourth quarter and full year 2014. In the fourth quarter 2014, NOVATEK’s sales production totaled 16.27 billion cubic meters (bcm) of natural gas and 1,760 thousand tons of liquids (gas condensate and crude oil). The Company’s full year 2014 sales production …
Novatek: Q3 and 9M Results – Revenues Up 12% and 22% Respectively
OAO NOVATEK today released its consolidated interim condensed financial information as of and for the three and nine months ended 30 September 2014 prepared in accordance with International Financial Reporting Standards (“IFRS”). Total revenues in the third quarter and nine months 2014 increased by 12.0% and 22.2%, respectively, as compared …
Novatek: Natural Gas Production Up 2.3%, Gross Liquid Production Up 21.9%
OAO NOVATEK reported today preliminary production data for the third quarter and nine months 2014. In the third quarter 2014, NOVATEK’s gross production totaled 15.58 billion cubic meters (bcm) of natural gas and 1,535 thousand tons of liquids (gas condensate and crude oil). Gross natural gas production increased by 1.05 …
Novatek: Q2 and H1 Results
OAO NOVATEK reported today preliminary operating data for the second quarter and first half 2014. In the second quarter 2014, NOVATEK’s gross production totaled 15.59 billion cubic meters (bcm) of natural gas and 1,356 thousand tons of liquids (gas condensate and crude oil), resulting in an increase in natural gas …
Rosneft and NOVATEK Agree Assets Swap
Rosneft announces that it signed an agreement with NOVATEK to swap assets. 40% of shares in Artic Russia B.V. held by Rosneft will be swapped for 51% shares in Sibneftegas held by NOVATEK. The transaction does not involve any cash payments. Upon completion of the transaction, Rosneft, already holding a …