Zoltav Resources Inc Appointment of non-executive director (5369S)
22 December 2016 - 7:31PM
UK Regulatory
TIDMZOL
RNS Number : 5369S
Zoltav Resources Inc
22 December 2016
22 December 2016
Zoltav Resources Inc.
("Zoltav" or the "Company")
Appointment of non-executive director
Zoltav (AIM:ZOL), the Russia-focused oil and gas exploration and
production company, is pleased to announce the appointment, with
immediate effect, of Lea Verny as a non-executive director of the
Company.
Ms Verny joins the board as an independent non-executive
director and brings to the Company significant and high level
corporate finance experience, with particular expertise in
Russia.
Since 2008, Ms Verny has acted as an independent financial
adviser on cross-border transactions. Prior to becoming an
independent consultant, Ms Verny served as a private banker with
Banque Pictet, Switzerland, where she was responsible for
developing the bank's activities in Russia, following a career of
more than a decade with HSBC. From 2001 to 2007, Ms Verny was Head
of Investment Banking for HSBC Bank plc in Moscow, during which
time she advised on structured transactions for large Russian and
CIS corporations including Lukoil, Rostelekom, Eastern Oil Company
and Rosbank. Between 1997 and 2001, Ms Verny was a representative
of HSBC Investment Bank plc in Russia, where she was responsible
for establishing the bank's presence in the country and developing
opportunities specifically within the oil and gas sector. Ms Verny
holds a Bachelor's degree in Statistics and International Relations
from the Hebrew University in Jerusalem as well as an MBA from
INSEAD in France.
Marcus Rhodes, Non-executive Chairman, commented:
"We are delighted to welcome Lea Verny to the board. She has
both relevant and high level experience within our country and
sector of operation and we look forward to her contribution to the
ongoing development of Zoltav's prospects."
AIM Rule 17
Save for the information above and below, there are no further
disclosures to be made in accordance with Rule 17, Schedule Two (g)
of the AIM Rules for Companies in respect of the appointment of Lea
Verny, aged 51.
Current Directorships/Partnerships
Cleveland BioLabs, Inc. (USA)
Contacts:
Zoltav Resources Inc. Tel. +44 (0)20
7830 9704
Marcus Rhodes, Non-executive (via Vigo Communications)
Chairman
Shore Capital (Nomad and Tel. +44 (0)20
Joint Broker) 7408 4090
Toby Gibbs or Mark Percy
(Corporate Finance)
Jerry Keen (Corporate Broking)
Panmure Gordon (Joint Broker) Tel. +44 (0)20
7886 2500
Adam James or Tom Salvesen
Vigo Communications Tel. +44 (0)20
7830 9704
Patrick d'Ancona or Ben Simons zoltav@vigocomms.com
About Zoltav
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 (21.2 bcm) of gas
and 3.8 mmbbls (488 mT) of oil and condensate. In 2015, the
Bortovoy Licence produced approximately 3.1 mmboe (440 mToe).
Zoltav also holds the Koltogor E&P 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 E&P Licence contains the Koltogor oil field with
Proved plus Probable reserves of 79.2 mmboe (10.3 mToe).
Additionally, Zoltav holds Koltogor E&P Licence 10, a 167
square kilometre area due west of the Koltogor E&P Licence,
containing the West Koltogor oil field.
For further information on Zoltav or to sign up for our news
alert service visit: www.zoltav.com.
This information is provided by RNS
The company news service from the London Stock Exchange
END
BOAGMMZZNMVGVZM
(END) Dow Jones Newswires
December 22, 2016 03:31 ET (08:31 GMT)
Zoltav Resources (LSE:ZOL)
Historical Stock Chart
From Apr 2024 to May 2024
Zoltav Resources (LSE:ZOL)
Historical Stock Chart
From May 2023 to May 2024