Urals Energy: Board and Company Update
The Board of Urals Energy, the independent exploration and production company with operations in Russia, announces various Board role and management changes, along with a litigation and general update. Board Changes Mr Leonid Dyachenko, who is presently an Executive Director of the Company and has held the position of CEO …
Urals Energy: Receives Tanker Cash, Pays Petraco and is Now Debt Free
The Board of Urals Energy, the independent exploration and production company with operations in Russia, is pleased to announce that it has received the payment from Petraco Oil Company Limited following its recent tanker shipment. Following receipt of the Tanker Payment, Urals Energy has also repaid $3.9 million plus interest …
Urals Energy: Wins Appeal on $41.6m Debt Claim by UEN Cyprus
The Board of Urals Energy, the independent exploration and production company with operations in Russia, announces that it has received notification from the Moscow Court of Cassation (the 2nd level appeal court in Moscow) that the Company has won its case concerning Urals Energy’s appeal against the ruling of the …