Last 3.75 GBp
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As of 11:30 AM 01/28/15 All times are local (Market data is delayed by at least 15 minutes).

urals energy public co ltd (UEN) Snapshot

3.75 GBp
Previous Close
3.75 GBp
Day High
3.75 GBp
Day Low
3.63 GBp
52 Week High
10/3/14 - 13.25 GBp
52 Week Low
10/1/14 - 3.13 GBp
Market Cap
Average Volume 10 Days
0.0085 GBp
Shares Outstanding
Dividend Yield
Current Stock Chart for URALS ENERGY PUBLIC CO LTD (UEN)

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urals energy public co ltd (UEN) Details

Urals Energy Public Company Limited, together with its subsidiaries, engages in the oil and gas exploration and production in the Russian Federation. The company primarily holds interests in the Petrosakh and Arcticneft oil and gas producing fields located in Timan Pechora and on Sakhalin Island. It is also involved in the processing of crude oil for distribution in the Russian and international markets. The company was incorporated in 2003 and is headquartered in Nicosia, Cyprus.

Founded in 2003

urals energy public co ltd (UEN) Top Compensated Officers

No compensation data is available at this time for the top officers at this company.

Executives, Board Directors

urals energy public co ltd (UEN) Key Developments

Urals Energy Public Company Limited Provides Operational Update

Urals Energy Public Company Limited announced drilling update on ArticNeft and Petrosakh. A first workover of well #546 at ArticNeft has been successfully completed. After being out of operation for 10 years, this well is now producing 52.15 bbls per day. The workover, the target of which was to perforate new layers, is the first of six well workover programmes at ArticNeft where additional perforation is planned. The aim of these programmes is to bring production at ArticNeft from the current average of 661.1 bbls per day up to an average of 700 to 720 bbls per day by the end of the year. A more aggressive programme to develop fracking capabilities at ArticNeft is being evaluated by the Company's management but, as a result of the current oil price, this is unlikely to be started in 2015. Well #112 at Petrosakh is in the final stage of drilling, with 270 metres remaining to the target depth. Results of this drilling are expected in a few weeks. The plan for 2015 at Petrosakh is to drill two more wells and carry out workovers of existing wells. Current production at Petrosakh is 1,155.6 bbls per day and the Company is targeting production at an average rate of 1,325 to 1,355 bbls per day by the end of the year.

Inga Srenger Resigns from the Urals Energy Public Company Limited Board

Urals Energy PCL announced that Mrs. Inga Srenger has notified the Board of Urals Energy of her decision to resign from the Board with immediate effect. Her decision is due to the need for her to focus on running Petraco Oil Company LLP, of which she is the Chief Executive Officer.

Urals Energy Public Company Limited Appoints Leonid Dyachenko as Interim CEO

The Board of Urals Energy announced various board role and management changes. Mr. Leonid Dyachenko, who is presently an executive director of the company and has held the position of CEO previously, will become interim CEO with immediate effect. This appointment will allow Mr. Sergey Uzornikov to concentrate on his continuing role as the company's CFO. Mr. Uzornikov is not a member of the board.


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Price/Sales 0.3x
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Price/Cash Flow 14.7x
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