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: Erlind Holdings Limited Acquires 4.48% of the Company
Zoltav, the CIS-focused oil and gas exploration and production company, announces that it was notified on 12 January 2015 that on 9 January 2015 Erlinad Holdings Limited (“Erlinad”), a company which is ultimately wholly beneficially owned by Mr. David Davidovich, acquired 6,353,568 ordinary shares in the Company (“Ordinary Shares”). As …
Zoltav Resources: Board Shake Up – Alastair Ferguson To Become Executive Chairman,
Zoltav Resources, the CIS-focused oil and gas exploration and production company, is pleased to announce a number of changes to the board with effect from 31 December 2014. Symon Drake-Brockman will be stepping down as executive chairman of the board and will become a non-executive director. Alastair Ferguson (currently an executive …
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: Better than Expected Production from the Karpenskoye Well Brings the Western Gas Plant to Full Production
Zoltav, the CIS-focused oil and gas exploration and production company, is pleased to provide an operational update regarding its Bortovoy Licence in the Saratov Oblast of the Russian Federation. As previously reported, Zoltav’s main priority since the acquisition of the Bortovoy Licence in June 2014 has been to bring the …
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 …
Zoltav Resources: Alastair Ferguson Appointed as Executive Director
Zoltav, the CIS-focused oil and gas exploration and production company, is pleased to announce that Alastair Ferguson, a non-executive director of the Company since 19 May 2014, has become an executive director. Mr Ferguson has an extensive background in the oil and gas industry having held both technical and senior …
Zoltav Resources: Completes Acquisition of the Bortovoy License and Admission to Trading on AIM
Zoltav, the CIS-focused oil and gas exploration and production company, is pleased to announce the completion of the acquisition of Royal Atlantic Energy (Cyprus) Limited (“Royal Atlantic Energy”) (the “Acquisition”) and the admission at 8 a.m. today of its enlarged issued share capital to trading on the AIM market of …
Zoltav Resources: Issue of Equity
Zoltav, the CIS-focused oil and gas company announces that, following the receipt of a notice to exercise warrants over 100,000 ordinary shares of $US0.2 in the Company (“Ordinary Shares”) it has authorised the issue of 100,000 new Ordinary Shares (the “Warrant Exercise”). The new Ordinary Shares will rank pari passu …
Zoltav Resources: Clarifies Koltgor Production and Registration
Zoltav, the CIS-focused oil and gas company, notes reports in Russian media sources today regarding the registration, by the Russian State Reserve Commission (“GKZ”), of an oil discovery made within Zoltav’s Koltogor 10 Exploration Licence (“Koltogor 10”) in the Khantiy-Mansisk Autonomous Okrug. As stated in the Operational Update announcement dated …