Proactiveinvestors United Kingdom Zoltav Resources https://www.proactiveinvestors.co.uk Proactiveinvestors United Kingdom Zoltav Resources RSS feed en Tue, 25 Jun 2019 17:27:46 +0100 http://blogs.law.harvard.edu/tech/rss Genera CMS action@proactiveinvestors.com (Proactiveinvestors) action@proactiveinvestors.com (Proactiveinvestors) <![CDATA[RNS press release - Holding(s) in Company ]]> https://www.proactiveinvestors.co.uk/companies/rns/3388/LSE20190520075857_14079761/ Mon, 20 May 2019 07:58:57 +0100 https://www.proactiveinvestors.co.uk/companies/rns/3388/LSE20190520075857_14079761/ <![CDATA[RNS press release - Holding(s) in Company ]]> https://www.proactiveinvestors.co.uk/companies/rns/3388/LSE20190520075553_14079756/ Mon, 20 May 2019 07:55:53 +0100 https://www.proactiveinvestors.co.uk/companies/rns/3388/LSE20190520075553_14079756/ <![CDATA[RNS press release - Operations Update ]]> https://www.proactiveinvestors.co.uk/companies/rns/3388/LSE20190416070013_14042073/ Tue, 16 Apr 2019 07:00:13 +0100 https://www.proactiveinvestors.co.uk/companies/rns/3388/LSE20190416070013_14042073/ <![CDATA[RNS press release - Appointment of Chief Executive Officer ]]> https://www.proactiveinvestors.co.uk/companies/rns/3388/LSE20190401070005_14022441/ Mon, 01 Apr 2019 07:00:05 +0100 https://www.proactiveinvestors.co.uk/companies/rns/3388/LSE20190401070005_14022441/ <![CDATA[RNS press release - Holding(s) in Company ]]> https://www.proactiveinvestors.co.uk/companies/rns/3388/LSE20181119131317_13872166/ Mon, 19 Nov 2018 13:13:17 +0000 https://www.proactiveinvestors.co.uk/companies/rns/3388/LSE20181119131317_13872166/ <![CDATA[RNS press release - Half-year Report ]]> https://www.proactiveinvestors.co.uk/companies/rns/3388/LSE20180926070004_13804542/ Wed, 26 Sep 2018 07:00:04 +0100 https://www.proactiveinvestors.co.uk/companies/rns/3388/LSE20180926070004_13804542/ <![CDATA[RNS press release - Result of AGM ]]> https://www.proactiveinvestors.co.uk/companies/rns/3388/LSE20180622120501_13690315/ Fri, 22 Jun 2018 12:05:01 +0100 https://www.proactiveinvestors.co.uk/companies/rns/3388/LSE20180622120501_13690315/ <![CDATA[RNS press release - Notice of AGM ]]> https://www.proactiveinvestors.co.uk/companies/rns/3388/LSE20180530070010_13658954/ Wed, 30 May 2018 07:00:10 +0100 https://www.proactiveinvestors.co.uk/companies/rns/3388/LSE20180530070010_13658954/ <![CDATA[RNS press release - Final Results ]]> https://www.proactiveinvestors.co.uk/companies/rns/3388/LSE20180522070007_13649604/ Tue, 22 May 2018 07:00:07 +0100 https://www.proactiveinvestors.co.uk/companies/rns/3388/LSE20180522070007_13649604/ <![CDATA[RNS press release - Senior Technical Appointments ]]> https://www.proactiveinvestors.co.uk/companies/rns/3388/LSE20180517070002_13644299/ Thu, 17 May 2018 07:00:02 +0100 https://www.proactiveinvestors.co.uk/companies/rns/3388/LSE20180517070002_13644299/ <![CDATA[RNS press release - Shareholder Loan ]]> https://www.proactiveinvestors.co.uk/companies/rns/3388/LSE20180403100002_13589146/ Tue, 03 Apr 2018 10:00:02 +0100 https://www.proactiveinvestors.co.uk/companies/rns/3388/LSE20180403100002_13589146/ <![CDATA[RNS press release - Exploration Programme Update ]]> https://www.proactiveinvestors.co.uk/companies/rns/3388/LSE20180314070004_13565844/ Wed, 14 Mar 2018 07:00:04 +0000 https://www.proactiveinvestors.co.uk/companies/rns/3388/LSE20180314070004_13565844/ <![CDATA[RNS press release - Operations Update ]]> https://www.proactiveinvestors.co.uk/companies/rns/3388/LSE20180117070004_13498778/ Wed, 17 Jan 2018 07:00:04 +0000 https://www.proactiveinvestors.co.uk/companies/rns/3388/LSE20180117070004_13498778/ <![CDATA[RNS press release - Operational Update ]]> https://www.proactiveinvestors.co.uk/companies/rns/3388/LSE20171011070003_13392473/ Wed, 11 Oct 2017 07:00:03 +0100 https://www.proactiveinvestors.co.uk/companies/rns/3388/LSE20171011070003_13392473/ <![CDATA[RNS press release - Half-year Report ]]> https://www.proactiveinvestors.co.uk/companies/rns/3388/LSE20170926070006_13374965/ Tue, 26 Sep 2017 07:00:06 +0100 https://www.proactiveinvestors.co.uk/companies/rns/3388/LSE20170926070006_13374965/ <![CDATA[RNS press release - Result of AGM ]]> https://www.proactiveinvestors.co.uk/companies/rns/3388/LSE20170523105701_13235283/ Tue, 23 May 2017 10:57:01 +0100 https://www.proactiveinvestors.co.uk/companies/rns/3388/LSE20170523105701_13235283/ <![CDATA[RNS press release - Directorate Change ]]> https://www.proactiveinvestors.co.uk/companies/rns/3388/LSE20170519132859_13232125/ Fri, 19 May 2017 13:28:59 +0100 https://www.proactiveinvestors.co.uk/companies/rns/3388/LSE20170519132859_13232125/ <![CDATA[RNS press release - Notice of AGM ]]> https://www.proactiveinvestors.co.uk/companies/rns/3388/LSE20170428070013_13207797/ Fri, 28 Apr 2017 07:00:13 +0100 https://www.proactiveinvestors.co.uk/companies/rns/3388/LSE20170428070013_13207797/ <![CDATA[RNS press release - Final Results ]]> https://www.proactiveinvestors.co.uk/companies/rns/3388/LSE20170427070008_13206034/ Thu, 27 Apr 2017 07:00:08 +0100 https://www.proactiveinvestors.co.uk/companies/rns/3388/LSE20170427070008_13206034/ <![CDATA[RNS press release - Change of Adviser ]]> https://www.proactiveinvestors.co.uk/companies/rns/3388/LSE20170425070011_13202742/ Tue, 25 Apr 2017 07:00:11 +0100 https://www.proactiveinvestors.co.uk/companies/rns/3388/LSE20170425070011_13202742/ <![CDATA[RNS press release - Appointment of Non-executive Chairman ]]> https://www.proactiveinvestors.co.uk/companies/rns/3388/LSE20170322095942_13167391/ Wed, 22 Mar 2017 09:59:42 +0000 https://www.proactiveinvestors.co.uk/companies/rns/3388/LSE20170322095942_13167391/ <![CDATA[RNS press release - Appointment of non-executive director ]]> https://www.proactiveinvestors.co.uk/companies/rns/3388/LSE20161222083156_013076108/ Thu, 22 Dec 2016 08:31:56 +0000 https://www.proactiveinvestors.co.uk/companies/rns/3388/LSE20161222083156_013076108/ <![CDATA[News - Zoltav Resources shares rise after maiden first-half profit ]]> https://www.proactiveinvestors.co.uk/companies/news/166449/zoltav-resources-shares-rise-after-maiden-first-half-profit-166449.html Shares in Arkadiy Abramovich's Zoltav Resources Inc (LON:ZOL) soared more than a quarter after the Russian oil & gas group made its first profit.

The stock ticked up 2.5p, or 10.2%, to 27p after Zoltav reported a maiden pre-tax profit of US$1.6mln versus a loss of US$2.5mln a year ago.

Zoltav attributed the progress to good operational performance, cost-cutting and a higher gas sale price.

Arkadiy Abramovich is the son of Russian oligarch and Chelsea Football Club owner Roman Abramovich.

He is Zoltav's joint largest shareholder along with a vehicle of Russian coal magnate Valentin Bukhtoyarov called Bandbear Limited.

Pre-tax earnings before interest, depreciation and amortisation (EBITDA) more than doubled to US$6.2mln from US$2.7mln last time.

The group reported a 4.4% increase in first-half production from its Bortovoy licence in the Saratov region to nearly 1.6 billion barrels of oil equivalent.

Operating cash flow increased to US$4.8mln from US$2.9mln a year ago and borrowings fell 8%.

Chairman Marcus Rhodes said the success came despite the increased weakness of the rouble against the US dollar.

He said the company was working to better understand the feasibility and economic viability of the development options for the “considerable resource” in the eastern fields of Bortovoy.

“The board believes this strategy will not only result in our transition into an attractive and profitable junior oil company - a path on which we are already well advanced - but also position the company very well should the rouble regain strength and as the oil and gas sector continues to improve," he said.

House broker Shore Capital described the results as very robust, adding: "Local gas pricing has been strong and we remain impressed by operational delivery from this high-quality Russian operator."

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Mon, 26 Sep 2016 10:40:00 +0100 https://www.proactiveinvestors.co.uk/companies/news/166449/zoltav-resources-shares-rise-after-maiden-first-half-profit-166449.html
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Director/PDMR Shareholding ]]> https://www.proactiveinvestors.co.uk/companies/rns/3388/LSE20160524150621_012827925/ Tue, 24 May 2016 15:06:21 +0100 https://www.proactiveinvestors.co.uk/companies/rns/3388/LSE20160524150621_012827925/ <![CDATA[RNS press release - Final Results ]]> https://www.proactiveinvestors.co.uk/companies/rns/3388/LSE20160422070007_012787581/ Fri, 22 Apr 2016 07:00:07 +0100 https://www.proactiveinvestors.co.uk/companies/rns/3388/LSE20160422070007_012787581/ <![CDATA[RNS press release - Change of Registered Office ]]> https://www.proactiveinvestors.co.uk/companies/rns/3388/LSE20160115084503_012660746/ Fri, 15 Jan 2016 08:45:03 +0000 https://www.proactiveinvestors.co.uk/companies/rns/3388/LSE20160115084503_012660746/ <![CDATA[RNS press release - Director/PDMR Shareholding ]]> https://www.proactiveinvestors.co.uk/companies/rns/3388/LSE20151112075752_012578887/ Thu, 12 Nov 2015 07:57:52 +0000 https://www.proactiveinvestors.co.uk/companies/rns/3388/LSE20151112075752_012578887/ <![CDATA[RNS press release - Second Price Monitoring Extn ]]> https://www.proactiveinvestors.co.uk/companies/rns/3388/LSE20151111164052_012578281/ Wed, 11 Nov 2015 16:40:52 +0000 https://www.proactiveinvestors.co.uk/companies/rns/3388/LSE20151111164052_012578281/ <![CDATA[RNS press release - Price Monitoring Extension ]]> https://www.proactiveinvestors.co.uk/companies/rns/3388/LSE20151111163530_012578266/ Wed, 11 Nov 2015 16:35:30 +0000 https://www.proactiveinvestors.co.uk/companies/rns/3388/LSE20151111163530_012578266/ <![CDATA[RNS press release - Appointments of non-executive directors ]]> https://www.proactiveinvestors.co.uk/companies/rns/3388/LSE20150930070025_012519812/ Wed, 30 Sep 2015 07:00:25 +0100 https://www.proactiveinvestors.co.uk/companies/rns/3388/LSE20150930070025_012519812/ <![CDATA[RNS press release - Half Yearly Report ]]> https://www.proactiveinvestors.co.uk/companies/rns/3388/LSE20150929070036_012517835/ Tue, 29 Sep 2015 07:00:36 +0100 https://www.proactiveinvestors.co.uk/companies/rns/3388/LSE20150929070036_012517835/ <![CDATA[RNS press release - Appointment of Joint Broker ]]> https://www.proactiveinvestors.co.uk/companies/rns/3388/LSE20150710070011_012420758/ Fri, 10 Jul 2015 07:00:11 +0100 https://www.proactiveinvestors.co.uk/companies/rns/3388/LSE20150710070011_012420758/ <![CDATA[RNS press release - Result of AGM and Directorate Changes ]]> https://www.proactiveinvestors.co.uk/companies/rns/3388/LSE20150709111511_012419823/ Thu, 09 Jul 2015 11:15:11 +0100 https://www.proactiveinvestors.co.uk/companies/rns/3388/LSE20150709111511_012419823/ <![CDATA[RNS press release - Notice of AGM ]]> https://www.proactiveinvestors.co.uk/companies/rns/3388/LSE20150615070015_012388582/ Mon, 15 Jun 2015 07:00:15 +0100 https://www.proactiveinvestors.co.uk/companies/rns/3388/LSE20150615070015_012388582/ <![CDATA[RNS press release - Final Results ]]> https://www.proactiveinvestors.co.uk/companies/rns/3388/LSE20150423070022_012326501/ Thu, 23 Apr 2015 07:00:22 +0100 https://www.proactiveinvestors.co.uk/companies/rns/3388/LSE20150423070022_012326501/ <![CDATA[RNS press release - Response to Media Speculation ]]> https://www.proactiveinvestors.co.uk/companies/rns/3388/LSE20150408132011_012308704/ Wed, 08 Apr 2015 13:20:11 +0100 https://www.proactiveinvestors.co.uk/companies/rns/3388/LSE20150408132011_012308704/ <![CDATA[RNS press release - Additional Russian Standard Reserves Registration ]]> https://www.proactiveinvestors.co.uk/companies/rns/3388/LSE20150312070016_012278490/ Thu, 12 Mar 2015 07:00:16 +0000 https://www.proactiveinvestors.co.uk/companies/rns/3388/LSE20150312070016_012278490/ <![CDATA[RNS press release - Holding(s) in Company ]]> https://www.proactiveinvestors.co.uk/companies/rns/3388/LSE20150113070011_012212267/ Tue, 13 Jan 2015 07:00:11 +0000 https://www.proactiveinvestors.co.uk/companies/rns/3388/LSE20150113070011_012212267/ <![CDATA[RNS press release - Board Changes ]]> https://www.proactiveinvestors.co.uk/companies/rns/3388/LSE20141215070025_012183976/ Mon, 15 Dec 2014 07:00:25 +0000 https://www.proactiveinvestors.co.uk/companies/rns/3388/LSE20141215070025_012183976/ <![CDATA[RNS press release - 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Change of Registered Office ]]> https://www.proactiveinvestors.co.uk/companies/rns/3388/LSE20141008101249_012109506/ Wed, 08 Oct 2014 10:12:49 +0100 https://www.proactiveinvestors.co.uk/companies/rns/3388/LSE20141008101249_012109506/ <![CDATA[RNS press release - Half Yearly Report ]]> https://www.proactiveinvestors.co.uk/companies/rns/3388/LSE20140925070016_012094626/ Thu, 25 Sep 2014 07:00:16 +0100 https://www.proactiveinvestors.co.uk/companies/rns/3388/LSE20140925070016_012094626/ <![CDATA[RNS press release - Appointment of executive director ]]> https://www.proactiveinvestors.co.uk/companies/rns/3388/LSE20140923133843_012092486/ Tue, 23 Sep 2014 13:38:43 +0100 https://www.proactiveinvestors.co.uk/companies/rns/3388/LSE20140923133843_012092486/