viewZoltav Resources Inc

Zoltav Resources Inc - Notice of AGM

RNS Number : 4093D
Zoltav Resources Inc
26 June 2019

26 June 2019

Zoltav Resources Inc

("Zoltav" or the "Company")


Notice of Annual General Meeting


Zoltav (AIM: ZOL), the Russia-focused oil and gas exploration and production company, announces that its Annual General Meeting ("AGM") will be held at 11 a.m. (UK time) on 18 July 2019 at the offices of SP Angel Corporate Finance LLP, Prince Frederick House, 35-39 Maddox Street, London, W1S 2PP, United Kingdom.


All directors of the Company will stand for re-election at the AGM.


Copies of the notice convening the AGM will shortly be sent to all shareholders and to holders of Depository Interests and will be available on the Company's website at www.zoltav.com.




Zoltav Resources Inc.

Lea Verny, Non-executive Chairman


Tel. +44 (0)20 7390 0234

(via Vigo Communications)

SP Angel Corporate Finance LLP (Nomad and Joint Broker)

John Mackay / Jeff Keating / Soltan Tagiev


Tel. +44 (0)20 3470 0470

Panmure Gordon (Joint Broker)

Charles Lesser / James Stearns


Tel. +44 (0)20 7886 2500

Vigo Communications

Ben Simons / Simon Woods


Tel. +44 (0)20 7390 0234

[email protected]


About Zoltav


Zoltav is an oil and gas exploration and production company focused on Russia.


Zoltav holds the Bortovoy Licence in the Saratov region of South Western Russia, a 3,215 sq km 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 in the west of the Licence, a processing plant and significant exploration prospectivity. It holds proven plus probable reserves under the Society of Petroleum Engineers' Petroleum Resources Management System of 750 bcf of gas and 3.8 mmbbls of oil and condensate.


In 2018, Zoltav produced 12.0 bcf (341 mmcm) of gas or 2.0 mmboe (274 mtoe) and 66,558 bbls (7,715 t) of oil and condensate.


The Company is currently evaluating strategies to commercialise the eastern fields of the Bortovoy Licence.


For further information on Zoltav, or to sign up for our news alert service, visit: www.zoltav.com.


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Quick facts: Zoltav Resources Inc

Price: 32.5

Market: AIM
Market Cap: £46.14 m

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