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Resolution regarding the issue of K-Series Shares
14.01.2009
The Management Board of PETROLINVEST S.A. (the "Company") announces that on 13 January 2009, the Company Management Board resolved to increase the Company's share capital by PLN 5,992,120 via the issuance of 599,212 ordinary registered K-series shares with a nominal value of PLN 10 each ("K-Series Shares").
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Prolongation of the prospecting period of OTG Contract
06.01.2009
The Management Board of PETROLINVEST S.A. headquartered in Gdynia (the "Company") announces that today it received a decision of the Ministry of Energy and Mineral Resources of the Republic of Kazakhstan (the "Decision") prolonging the prospecting period of OTG Contract-registered to TOO OilTechnoGroup-by two years to 18 March 2011.
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Acquisition by the Company of significant value assets-acquisition of stocks in TOO EMBA JUG NIEFT
25.12.2008
With reference to current reports no. 3/2008 of 16 January 2008, no. 52/2008 of 13 September 2008, no. 70/2008 of 7 November 2008, and no. 78/2008 of 1 December 2008, the Management Board (the "Management Board") of PETROLINVEST S.A. headquartered in Gdynia (the "Company") announces that on 24 December 2008 the Company was informed about the registration of the change of shareholders in TOO EMBA JUG NIEFT, a Kazakh law company ("EMBA"), which under Kazakh law is tantamount to acquisition of stocks in the company.
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The Company enters into a significant agreement
01.12.2008
With reference to current reports no. 3/2008 of 16 January 2008, no. 52/2008 of 13 September 2008, and no. 70/2008 of 7 November 2008, the Management Board of PETROLINVEST S.A. headquartered in Gdynia (the "Company") announces that in connection with the execution of the following agreements:
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TOO Erkin Oil signs an annex to the Contract for hydrocarbon exploration
27.11.2008
The Management Board of PETROLINVEST S.A. headquartered in Gdynia (the “Company”) announces that it has been informed that TOO Erkin Oil has signed Annex no. 2 (the “Annex”) to the contract for hydrocarbon exploration in the Zharkhyentska depression, Almaty oblast, Kazakh Republic (the “Contract”) with the Ministry of Energy and Mineral Resources of the Republic of Kazakhstan.
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Reduction of the compulsory Annual Working Programme for the OTG Contract
24.11.2008
The Management Board of PETROLINVEST S.A. headquartered in Gdynia (the “Company”) announces that it has been informed that the Technical Board ZAPKAZNIEDRA (the competent regulatory body for oil prospecting and extraction in the Republic of Kazakhstan) has endorsed new 2008 Annual Working Programme for the OTG Contract.
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OOO Nieftiegeoserwis signs an annex to the Concession for hydrocarbon exploration
24.11.2008
The Management Board of PETROLINVEST S.A. headquartered in Gdynia (the “Company”) announces that it has been informed that OOO Nieftiegeoserwis, in which the Company has a 59.99% interest, has signed Annex no. 1 to the Yuzhno‐Nyertsovskye Exploration Concession (the “Concession”) with the Office for the Use of Mineral Resources of the Komi Republic.
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