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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Urals EN. | LSE:UEN | London | Ordinary Share | CY0107130912 | ORD USD0.126 (DI) |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 35.00 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMUEN
RNS Number : 7323S
Urals Energy Public Company Limited
12 November 2013
Press Release 12 November 2013
Urals Energy PCL
("Urals Energy" or the "Company")
Completion of tanker loading
Urals Energy (AIM:UEN), the independent exploration and production company with operations in Russia, is pleased to announce that the planned annual tanker shipment for export from Articneft on Kolguyev Island has been completed successfully. The tanker left Kolguyev Island on Saturday 9 November 2013 with 25,008 tons of crude (an equivalent of 198,537 barrels).
As previously announced the payment date for the remaining interest payment outstanding to Petraco Oil Company Limited, which totals approximately US$3.0 million, together with US$5.7 million repayable under the short term loan received from Petraco earlier this year is linked to the shipment of this tanker. This remaining indebtedness is anticipated to be settled before the end of 2013 at which point the Company will be entirely debt free.
- Ends -
For further information, please contact:
Urals Energy Public Company Limited Alexei Maximov, Chief Executive Tel: +7 495 795 0300 Officer Sergey Uzornikov, Chief Financial www.uralsenergy.com Officer Allenby Capital Limited Nominated Adviser and Broker Nick Naylor Tel: +44 (0) 20 3328 5656 Alex Price www.allenbycapital.com
Media enquiries:
Abchurch Henry Harrison-Topham / Quincy Allan Tel: +44 (0) 20 7398 7702 quincy.allan@abchurch-group.com www.abchurch-group.com
This information is provided by RNS
The company news service from the London Stock Exchange
END
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