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UEN Urals EN.

35.00
0.00 (0.00%)
Last Updated: 01:00:00
Delayed by 15 minutes
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

Urals Energy Public Company Limited Stmnt re Share Price Movement (1345W)

06/02/2017 1:33pm

UK Regulatory


Urals Energy (LSE:UEN)
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TIDMUEN

RNS Number : 1345W

Urals Energy Public Company Limited

06 February 2017

6 February 2017

Urals Energy Public Company Limited

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

Statement re share price movement

The board of Urals Energy PCL (AIM: UEN), the independent oil and gas exploration and production company with operations in Russia, has noted the recent rise in the Company's share price and confirms that it knows of no reason for this price movement. The Company continues to progress its operational and drilling programmes, as indicated in the Company's announcement of 18 January 2017, but no new material developments have occurred.

The board notes the general strength in oil prices since earlier in the year. In addition, the board believes that there has recently been some improvement in market sentiment towards companies with operations in Russia.

The Company will make further announcements as and when appropriate.

- Ends -

For further information, please contact:

 
 Urals Energy Public Company 
  Limited 
 Andrew Shrager, Chairman               Tel: +7 495 795 
  Leonid Dyachenko, Chief                          0300 
  Executive Officer 
  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

SPMXQLFBDLFXBBL

(END) Dow Jones Newswires

February 06, 2017 08:33 ET (13:33 GMT)

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