Zoltav Resources

On 16 December 2013 Zoltav, the CIS-focused oil and gas company, announced that it had entered into a conditional agreement with Bandbear Limited (“Bandbear”) to acquire the entire issued share capital of Royal Atlantic Energy (Cyprus) Limited (“Royal Atlantic Energy”) for a total consideration of US$180 million (the “Acquisition”). The …

Zoltav, the CIS-focused oil and gas company, announces Final Results for the Year Ended 31 December 2013. Corporate Highlights ·     Completed acquisition of CenGeo Holdings which holds the Koltogor Licence in Western Siberia ·     US$20 million investment by ARA Capital in support of CenGeo acquisition to support work programme on Koltogor Licence …

Zoltav (AIM: ZOL), the CIS-focused oil and gas company, is pleased to announce the appointments, effective immediately, of Marcus Rhodes and Alastair Ferguson, both as non-executive directors of the Company. Mr Rhodes is an experienced director of major publicly-listed companies operating in Russia and the CIS. He is a qualified …

Zoltav, the CIS-focused oil and gas exploration and development company, provides an update on operations during the 2013/14 drilling season. Highlights ·     Completed programme to acquire 466 square kilometres of 3D seismic and 71 kilometres of 2D seismic data across the Company’s Koltogor Licence in Khantiy-Mansisk, Western Siberia (the “Koltogor Exploration …

Further to the announcements of 10 June and 4 July 2013, Zoltav Resources, the CIS-focused oil and gas exploration and development company, is pleased to announce that it has received cleared funds of US$5 million from ARA Capital Limited relating to the third tranche of the US$20m subscription entered into …

Further to the announcements of 10 June and 4 July 2013, Zoltav, the CIS-focused oil and gas exploration and development company, is pleased to announce that it has received cleared funds of US$2 million from ARA Capital Limited relating to the second tranche of the US$20m subscription entered into with …

Zoltav, the CIS-focused oil and gas exploration and development company, is pleased to announce that it has signed a Sale and Purchase Agreement with Bandbear Limited, currently a 32.5 per cent shareholder in Zoltav, to acquire Royal Atlantic Energy (Cyprus) Limited (“Royal Atlantic Energy”) which, through a wholly-owned subsidiary, holds …

Zoltav Resources, the CIS-focused oil and gas exploration and development company, announces half yearly results for the six months ended 30 June 2013. Highlights – post balance sheet events · Completion by Zoltav Resources Inc. (Zoltav or Company) of its first major oil and gas asset acquisition – the Koltogorsky …

Zoltav, the CIS-focused oil and gas exploration and development company, is pleased to announce the completion of its first major asset acquisition and the admission of its enlarged issued share capital to trading on the AIM market of the London Stock Exchange. Dealings commenced at 8.00 a.m. today. This follows …

Zoltav Resources Inc announced the proposed acquisition of CenGeo Holdings Ltd for US$26 million or about 17.4 million pounds satisfied through the issue of about 473.16 million new Zoltav shares at 3.5 pence per share. CenGeo Holdings, through its wholly owned subsidiary ZAO Siberian Geologicheskaya Kompanya or “SibGeCo”, holds the …