Zoltav Resources: De-listing and Cancellation of Trading on AIM
Zoltav (AIM: ZOL), the Russia-focused oil and gas exploration and production company, confirms that the cancellation of listing and trading on AIM will take effect at 7.00 a.m. GMT today, 15 February 2022. source
Zoltav Resources: Update Re Transaction Between Shareholders
Zoltav, the Russia-focused oil and gas exploration and production company, has been notified of certain amendments to the terms of a transaction between two shareholders in the Company which was announced on 29 December 2020. As previously announced, ARA Capital Holdings Limited (“ARA Capital Holdings”) agreed to buy, and Bandbear Limited (“Bandbear”) agreed …
Zoltav Resources: Project Finance for East Bortovoy Development
Zoltav, the Russia-focused oil and gas exploration and production company, announces an update regarding the Company’s plans to commercialise the eastern fields of the Bortovoy Licence, Saratov. Project Finance Diall Alliance LLC (“Diall Alliance”), the Company’s wholly owned Russian operating subsidiary which holds the Bortovoy Licence, has entered into two non-revolving …
Zoltav Resources Inc: Notice of AGM
Zoltav, the Russia-focused oil and gas exploration and production company, announces that its Annual General Meeting (“AGM”) will be held on 27 July 2021 at 10 a.m. (UK time) at the Company’s registered office, Willow House, Cricket Square, Grand Cayman KY1-1001, Cayman Islands, but will be facilitated virtually by the …
Zoltav Resources: Bortovoy Licence Exploration Programme Update – “Transformational Impact”
Zoltav, the Russia-focused oil and gas exploration and production company, is pleased to provide an update on the Company’s exploration programme to assess the resource potential of the Carbonian and Devonian structures in the Western Fields of the Bortovoy Licence, Saratov. Preliminary interpretation of the 180 sq km of 3D seismic …
Zoltav Resources: Challenging Geology Affecting Drilling Program
Zoltav, the Russia-focused oil and gas exploration and production company, provides an update on operations on the Bortovoy Licence, Saratov. In Zoltav’s half-year report published on 26 September 2017, the Company stated that it was re-evaluating the forward drilling programme for the Permian Basin in the Western Fields in order …
Zoltav Resources: 2015 Results – Revenues Up 41%, First Operating Profit of $1.1m USD
Zoltav, the Russia and CIS-focused oil and gas exploration and production company, announces final results for the year ended 31 December 2015 – a period in which the Company generated its first operating profit. Financial Highlights · Revenues from production increased by 41% to US$28.1 million (2014: US$20.0 million, from …
Zoltav Resources: Koltogor Reserves Up 546m Barrels
Zoltav, the Russia and CIS-focused oil and gas exploration and production company, is pleased to announce that the Russian Federal Agency for Subsoil Use (“Rosnedra”) has registered an additional 546 million barrels (mm bbls) of Russian standard C1 plus C2 oil reserves for the Koltogor Exploration and Production Licence (the …
Zoltav Resources: Appoints Andrey Komarov and Yulia Lebedina As Non-Executive Directors
Zoltav, the CIS-focused oil and gas exploration and production company, is pleased to announce the appointments, effective immediately, of Andrey Komarov and Yulia Lebedina, both as non-executive directors of the Company. Mr Komarov is a very experienced Russian oil and gas professional having held senior managerial positions with a number …
Zoltav Resources: Bortovoy Licence – New Gas Field Increases West Gas Plant Production
Zoltav, the CIS-focused oil and gas exploration and production company, provides an operational update regarding the Bortovoy Licence in the Saratov Oblast of the Russian Federation. Zoltav’s main priority since the acquisition of the Bortovoy Licence in June 2014 has been to restore the Western Gas Plant to its full …