Zoltav (AIM: ZOL), the Russia-focused oil and gas exploration and production company, announces that its Annual General Meeting ("AGM") will be held at 11a.m. (UK time) on 22 June 2018 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.
Tel. +44 (0)20 7830 9704
Lea Verny, Non-executive Chairman
(via Vigo Communications)
SP Angel Corporate Finance LLP (Nomad and Joint Broker)
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 square kilometre 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, a processing plant and significant exploration prospectivity. It holds Proved plus Probable reserves of 750 bcf of gas and 3.8 mmbbls of oil and condensate. In 2017, the Bortovoy Licence produced 14.8 bcf of natural gas and 122,962 bbls of oil and condensate for sale (approximately 2.6 mmboe in total).
An exploration programme is underway on the Bortovoy Licence to assess the resource potential of the deeper Carbonian and Devonian structures.
Zoltav also holds the Koltogor E&P Licence, a 528 square kilometre area in the Khantiy-Mansisk Autonomous Okrug of Western Siberia. Development activities on the Koltogor Licences are currently on hold.
For further information on Zoltav or to sign up for our news alert service visit:www.zoltav.com.
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