Uncategorized

International Petroleum Signs Binding Agreements for the Sale of Russian and Kazakhstan Assets for US $60 million

International Petroleum Limited has entered into two binding conditional terms sheets with an unrelated company incorporated in Hong Kong to sell its assets in Kazakhstan and Russia for US $60 million. Commenting on the reaching of agreement for the sale of its Kazakhstan and Russian assets, International Petroleum Chairman, Mr …

READ MORE →
Uncategorized

International Petroleum: Director Resignation

International Petroleum Limited announces that Mr Vladimir Mangazeev resigned as a non-executive director yesterday with immediate effect.Earlier this year, in order to minimise cash outflows, the Company temporarily ceased its oil and gas exploration and production activities in Russia. Since the Company has not been utilising Mr Mangazeev’s Russian oil …

READ MORE →
Uncategorized

International Petroleum Appointed Pierre Godec as Non-Executive Director

International Petroleum Limited, an oil and gas exploration company with assets in Russia and Kazakhstan, is pleased to announce the appointment of Mr Pierre Godec as a Non-Executive Director of the Company with immediate effect. Mr Godec, aged 67, has 40 years’ experience in the international oil industry. He spent …

READ MORE →
Uncategorized

International Petroleum Tony Antoniou Appointed Non-Executive Director

International Petroleum Limited, an oil and gas exploration company with assets in Kazakhstan and Russia, is pleased to announce that it has appointed Mr Tony Antoniou as a Non-Executive Director of the Company with immediate effect. Mr Antoniou is a UK Chartered Accountant with over 30 years public accounting experience …

READ MORE →
Uncategorized

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 …

READ MORE →