15 Jun 2015 07:00
Embargoed: 07.00 a.m. 15 June 2015
Zoltav Resources Inc.
("Zoltav" or the "Company")
Posting of Accounts
&
Notice of Annual General Meeting
Zoltav Resources (AIM: ZOL), the CIS-focused oil and gas exploration and production company, announces that copies of the Company's financial statements for the year ended 31 December 2014 will be posted today to registered shareholders (but not to holders of Depositary Interests) and copies of a notice convening an Annual General Meeting ("AGM") will be posted today to all shareholders. Both documents are available on the Company's website at www.zoltav.com.
The AGM will be held at 44 Esplanade, St Helier, JE4 9WG, Jersey on 9 July 2015 at 10.30 a.m.
Contacts:
Zoltav Resources Inc. | Tel. +44 (0)20 7016 9570 |
Alastair Ferguson, Executive Chairman | (via Vigo Communications) |
Shore Capital (Nomad and Broker) | Tel. +44 (0)20 7408 4090 |
Pascal Keane or Toby Gibbs (Corporate Finance) | |
Jerry Keen (Corporate Broking) | |
Vigo Communications (UK) | Tel. +44 (0)20 7016 9570 |
Patrick d'Ancona or Ben Simons | Zoltav@vigocomms.com |
About Zoltav
Zoltav is an oil and gas exploration and production company focused on acquiring and developing assets in the CIS.
Zoltav holds the Bortovoy Licence in the Saratov region of South Western Russia, a 3,215 square kilometre area along the northern margin of the Pre-Caspian basin, one of the largest hydrocarbon basins in the CIS.
The Bortovoy Licence contains a number of productive gas fields, a processing plant and significant exploration prospectivity. It holds Proved plus Probable reserves of 750 bcf (21.2 bcm) of gas and 3.9 mmbbls (488 mT) of oil and condensate. In 2014 the Bortovoy Licence produced 2.8 mmboe (396 mToe).
Zoltav also holds the Koltogor E&P Licence, a 528 square kilometre area in the Khantiy-Mansisk Autonomous Okrug of Western Siberia, one of Russian's most prolific oil producing regions.
The Koltogor E&P Licence contains the Koltogor oil field with Proved plus Probable reserves of 79.2 mmboe (10.3 mToe). Zoltav is engaged in an appraisal programme with a view to developing the field for commercial production.
Additionally, Zoltav holds Koltogor 10, a 167 square kilometre area due west of the Koltogor E&P Licence on which Zoltav is engaged in an exploration and appraisal programme.
For further information on Zoltav or to sign up for our news alert service visit: www.zoltav.com.