Update - Further Drawdown Request
20/03/2009 1:35pm
UK Regulatory
TIDMTMAN
RNS Number : 2243P
Timan Oil & Gas Plc
20 March 2009
Timan Oil & Gas plc ("Timan" or the "Company")
Update on Further Drawdown Request
Further to the announcement of 16 March 2009 the board of Timan has received
confirmation from Kamanisk Holdings Limited ("Kamanisk") that $300,000 was sent
to the Company's bank account on 19 March 2008 and, in accordance with normal
banking practice, is expected to be cleared in the Company's bank account today
or on 23 March 2009. The remainder of the $7.5 million recently requested from
Kamanisk is expected to be received by the end of this month.
Further announcements will be made in due course.
Enquiries
Timan Oil & Gas plc
Alexander Kapalin, Chief Executive Officer
Zhakyp Marabayev, Chairman
+7 495 223 3390
Strand Partners Limited
Rory Murphy/Simon Raggett
+ 44 (0) 20 7409 3494
This information is provided by RNS
The company news service from the London Stock Exchange
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