Energy Equipment and Services
Company Overview of Exalo Drilling S.A.
Exalo Drilling S.A. provides onshore drilling and oilfield services in Central and Eastern Europe. The company was formerly known as PGNiG Poszukiwania S.A. and changed its name to Exalo Drilling S.A. in February 2013. The company was founded in 2012 and is based in Pila, Poland. Exalo Drilling S.A. operates as a subsidiary of Polskie Gornictwo Naftowe I Gazownictwo Spolka Akcyjna.
Pl. Staszica 9
Founded in 2012
Key Executives for Exalo Drilling S.A.
Compensation as of Fiscal Year 2014.
Exalo Drilling S.A. Key Developments
Nadra Ukrainy Signs Memorandum with Exalo Drilling
Feb 24 15
Ukraine's Nadra Ukrainy has signed a memorandum of cooperation in exploration drilling with Poland's EXALO Drilling S.A. The memorandum foresees cooperation in exploration, assessment and possible joint participation in the development of oil and gas resources in Ukraine. The Ukrainian and Polish sides of the memo agreed to exchange geological, seismological and research information during exploration of certain deposits on a confidential basis. The memorandum of cooperation is valid for a period of two years.
PGNiG Withdraws Exalo Drilling And PGNiG Technologie IPO Plans
Mar 27 14
Polskie Gornictwo Naftowe I Gazownictwo Spolka Akcyjna (WSE:PGN) has withdrawn from the plans to stage initial public offerings of PGNiG Technologie S.A. and Exalo Drillinga and want s to focus on helping them go through in-depth restructuring processes, according to PGNiG's Vice-president Jerzy Kurella. PGNiG suspended the IPO plans for these subsidiaries. Currently, Kurella also stressed that there are no plans whatsoever of leaving these companies out from PGNiG's capital group.
Publicly Companies Seeks IPO For Their Subsidiaries
Feb 4 14
Emperia Holding S.A. (WSE:EMP) is planning to list P1 Sp. z o.o. which previously was looking for a buyer to fetch PLN 400 million. Emperia has changed the plan as buyer is not available from 10 months. Rafal Brzoska, Chief Executive Officer of Integer.pl Spolka Akcyjna (WSE:ITG) said that InPost Sp. z o.o. may list on Warsaw stock exchange in the middle of 2014. Pelion Spolka Akcyjna (WSE:PEL) is seeking listing for its subsidiary Polska Grupa Farmaceutyczna - HURT Sp. z o.o. Stalprofil SA (WSE:STF) is likely to list ZRUG Zabrze Sp. z o.o. Grzegorz Pilch Chief Executive Officer of Vistula Group Spólka Akcyjna (WSE:VST) confirmed is not going to sell the entire W. Kruk Sp. z.o.o. and will be listed. Polskie Gornictwo Naftowe I Gazownictwo Spolka Akcyjna (WSE:PGN) is also planning to list its two units Exalo Drilling and PGNiG Technologie S.A. Grupa Azoty Spólka Akcyjna (WSE:ATT) and Grupa LOTOS Spólka Akcyjna (WSE:LTS) is seeking an initial public offering (IPO) for their joint petrochemical project and estimates PLN 12 billion. Polimex-Mostostal Spolka Akcyjna (WSE:PXM) wants to list Torpol Sp. z o. o. on Warsaw stock exchange. UNIBEP SA (WSE:UNI) is also mulling an IPO for Unidevelopment Sp. z o.o.
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