8th Oct 2014 13:24
8 October 2014
The announcement below replaces the announcement "Change of registered address" with number 7535T made at 10.12 today and which now contains details for the change of address of the Company's head office. The Company's registered office remains at 89 Nexus Way, Camana Bay, Grand Cayman, Cayman Islands KY1-9007.
Zoltav Resources Inc.
("Zoltav" or the "Company")
Change of head office address
Zoltav (AIM: ZOL), the CIS-focused oil and gas exploration and production company, announces that the address of its head office has changed to 44 Esplanade, St Helier, Jersey, JE4 9WG. Zoltav's company secretary has also changed its name to Elian Corporate Services (Jersey) Limited.
The Company's registered office remains at 89 Nexus Way, Camana Bay, Grand Cayman, Cayman Islands KY1-9007.
Contacts:
Zoltav Resources Inc. | Tel. +44 (0)20 7016 9570 |
Symon Drake-Brockman, Executive Chairman | (via Vigo Communications) |
Shore Capital (Nomad and Broker) | Tel. +44 (0)20 7408 4090 |
Pascal Keane or Toby Gibbs (Corporate Finance) | |
Jerry Keen (Corporate Broking) | |
Vigo Communications | Tel. +44 (0)20 7016 9570 |
Patrick d'Ancona or Ben Simons | |
About Zoltav
Zoltav is an oil and gas exploration and production company focused on acquiring assets in the CIS, particularly in the Russian Federation.
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 billion cubic feet (21.2 billion cubic metres) of gas and 3.9 million barrels of oil and condensate. In 2013 the Bortovoy Licence produced 13.9 billion cubic feet (392.6 million cubic metres) of gas and 300,000 barrels of condensate and oil.
Zoltav also holds the Koltogor Exploration and Production Licence, a 528 square kilometre area in the Khantiy-Mansisk Autonomous Okrug of Western Siberia, one of Russian's most prolific oil producing regions.
The Koltogor Exploration and Production Licence contains the Koltogor oil field with Proved plus Probable reserves of 75.2 million barrels of oil. Zoltav is engaged in an appraisal programme of the Koltogor oil field with a view to developing the field for commercial production.
Additionally, Zoltav holds Koltogor Exploration Licence 10, a 167 square kilometre area due west of the Koltogor Exploration and Production Licence on which Zoltav is engaged in an exploration and appraisal programme which includes targeting the Bazhenov shale formation from which the company has recovered oil.
For further information on Zoltav or to sign up for the news alert service visit: www.zoltav.com
Related Shares:
ZOL.L