International Petroleum: 6M Review and Update
International Petroleum Limited (NSX: IOP) (“International Petroleum” or the “Company”), an oil and gas exploration company is pleased to present its quarterly activities report for the quarter ended 31 March 2014 and the quarter ended 30 June 2014. UPDATE ON KEY ISSUES • US$121k cash at bank at 31 March …
International Petroleum: Sale of Russian Assets and Loans Swapped to Shares
International Petroleum Limited advises that it has entered into share purchase agreement pursuant to which it will sell subsidiary companies, IPL Siberia Limited and International Petroleum Company Limited, to an unrelated company incorporated in the British Virgin Islands (Buyer) for US$13million (Transaction). IPL Siberia indirectly holds the Yuzhno-Sardakovsoye Block Licence, …
International Petroleum: Acquisition of New Exploration Licence, The Yanchinsky Project
International Petroleum Limited, an oil and gas exploration and production company with assets in Russia and Kazakhstan, is pleased to announce that its wholly-owned subsidiary company, Yuzhno-Sardakovskoye LLC, has acquired a 100% ownership interest in an exploration licence over the Yanchinsky block for the geological study of subsoil and prospecting …