Urals Energy: Tanker Shipment Sails, Working Capital Position Remains Highly Constrained
Further to the Company’s recent announcements, the board of Urals Energy (the “Board”), the independent exploration and production company with operations in Russia, provides the following updates. Tanker update The tanker shipment for export from the Company’s Arcticneft operations on Kolguyev Island has been completed. The tanker has left Kolguyev …
Urals Energy: Loads Tanker, South Dagi – Prepping Pad for Operations
Urals Energy PCL (AIM:UEN), the independent exploration and production company with operations in Russia, is pleased to provide the following operational updates: Tanker loading The loading of the second annual tanker shipment for export from Arcticneft on Kolguyev Island has been successfully completed. The tanker has been loaded with 23,951 …
Urals Energy: 1H 2017 Results – Gross Profit Up 22%
Urals Energy PCL, the independent exploration and production company with operations in Russia, is pleased to announce its half-year results for the six months ended 30 June 2017. Operational highlights · Total production at Arcticneft during the period reached 186,831 barrels, including production of 55,691 barrels from Arctic Oil Company …
Urals Energy: Well 130 Being Logged
The Board of Urals Energy, the independent exploration and production company with operations in Russia, is pleased to provide the following operational update: Arcticneft The Company has received payment from Petraco Oil Company Limited following its recent tanker shipment. As announced on 21 June 2017, the loan provided by Petraco …
Urals Energy: Outlines Drilling and Workover Plans for 2017
The board of Urals Energy PCL, the independent exploration and production company with operations in Russia, is pleased to provide the following update on its plans for operations in 2017: Komi operations At RK-Oil, we have completed preparations to re-enter the existing well and this should commence in Q1 2017. At …