If you would like to ask our webinar guest speakers from WS Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund a question please submit them here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksUrals Energy Plc Regulatory News (UEN)

  • There is currently no data for UEN

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Operational update

31 Oct 2017 13:59

RNS Number : 1338V
Urals Energy Public Company Limited
31 October 2017
 

 

 

 

 

 

Dissemination of a Regulatory Announcement that contain inside information according to REGULATION (EU)No 596/2014 (MAR).

 

 

31 October 2017

Urals Energy Public Company Limited

 

("Urals Energy", the "Company" or the "Group")

 

Operational update

 

Urals Energy PCL (AIM:UEN), the independent exploration and production company with operations in Russia, is pleased to provide the following operational updates:

 

Tanker loading

The loading of the second annual tanker shipment for export from Arcticneft on Kolguyev Island has been successfully completed. The tanker has been loaded with 23,951 gross tons of crude oil (an equivalent of 189,213 barrels). The tanker has left Kolguyev Island today.

 

Pre-export short term loan finance arrangement

As announced on 7 September 2017, the Company has previously entered into a secured short-term loan agreement with Petraco Oil Company Limited ("Petraco"). The re-payment date for the US$3.0 million received from Petraco under this agreement is linked to the shipment of the tanker as described above. This indebtedness is anticipated to be settled in the coming weeks.

 

South Dagi

The drilling rig and drilling team are at the South Dagi drilling site and preparations for drilling are reaching an advanced stage. Representatives of the rig's supplier will arrive at Sakhalin Island in a week's time to complete the assembly and checking of equipment and to perform staff training. Further announcements will be made in due course.

 

 

- Ends -

 

For further information, please contact:

 

Urals Energy Public Company Limited

Andrew Shrager, Chairman

Leonid Dyachenko, Chief Executive Officer

Tel: +7 495 795 0300

Sergey Uzornikov, Chief Financial Officer

www.uralsenergy.com

 

 

Allenby Capital Limited

Nominated Adviser and Broker

Nick Naylor / Alex Brearley

Tel: +44 (0) 20 3328 5656

www.allenbycapital.com

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
UPDLLFEVIELLVID
Date   Source Headline
29th Apr 20097:00 amRNSAnnouncement of Board and Executive Changes
17th Apr 20092:00 pmRNSComment re Share Price Movement
12th Mar 200912:55 pmRNSListing of Vested Restricted Shares
16th Feb 20091:39 pmRNSDivestiture of Chepetskoye NGDU
26th Jan 200910:44 amRNSResult of EGM
21st Jan 20093:29 pmRNSRe Press Speculation
21st Jan 20097:00 amRNSUpdate re Disposal and Financing Arrangements
13th Jan 20091:22 pmRNSTaas Yuriakh and Restructuring Update
9th Jan 20097:00 amRNSNotice of EGM
6th Jan 20095:00 pmRNSUpdate on Discussions and Financing
31st Dec 200811:33 amRNSSale of Non-core Assets
24th Dec 20087:00 amRNSUpdate on Financing
22nd Dec 20087:00 amRNSBoard Changes
17th Dec 200812:04 pmRNSHolding(s) in Company
16th Dec 20088:31 amRNSRe. Press Speculation
12th Dec 200812:30 pmRNSHolding(s) in Company
9th Dec 200812:05 pmRNSHolding(s) in Company
5th Dec 200812:00 pmRNSUpdate on status of discussions
4th Dec 20081:13 pmRNSHolding(s) in Company
1st Dec 20084:05 pmRNSHolding(s) in Company
1st Dec 200811:52 amRNSHolding(s) in Company
26th Nov 20083:00 pmRNSUpdate on Sberbank Negotiations
12th Nov 20087:00 amRNSHolding(s) in Company
31st Oct 20082:06 pmRNSUpdate on Sberbank Negotiations
13th Oct 200810:37 amRNSSberbank negotiations
6th Oct 20081:37 pmRNSResult of AGM
2nd Oct 20081:00 pmRNSTaas Yuriakh
30th Sep 20087:00 amRNSInterim Results
16th Sep 20088:17 amRNSNotice of AGM
2nd Sep 200812:34 pmRNSPetrosakh Update
30th Jul 200812:18 pmRNSHolding(s) in Company
23rd Jul 20088:51 amRNSDrilling Update
30th Jun 20088:43 amRNSAnnual Report and Accounts
30th Jun 20088:43 amRNSAnnual Report and Accounts
3rd Jun 20087:00 amRNSOperational Update
22nd Apr 20081:48 pmRNSSale of Non-core Assets
15th Apr 20087:01 amRNSDulisma Field Development
12th Feb 20082:25 pmRNSAdmission of Shares
28th Jan 200811:56 amRNSAdmission of Shares
24th Jan 20087:00 amRNSCompletion of Acquisition
22nd Jan 20081:19 pmRNSEGM Statement
22nd Jan 20087:00 amRNSDulisma Update
17th Jan 20089:59 amRNSHolding(s) in Company
15th Jan 20088:37 amRNSNotice of EGM
3rd Jan 200810:19 amRNSEnd of Stabilisation Period
2nd Jan 20085:16 pmRNSOver-Allotment Option
17th Dec 20074:00 pmRNSResults of EGM
14th Dec 20077:01 amRNSCompletion of Acquisition
7th Dec 20078:20 amRNSTo Decomission Idle Wells
5th Dec 20079:01 amRNSStabilisation Notice -Replace

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.