RNS Number : 9469E
  Urals Energy Public Company Limited
  02 October 2008
   

    Urals Energy Public Company Limited
    ('Urals Energy' or the 'Company')

    2 October, 2008  

    Statement Regarding Taas Yuriakh


    The Board of Urals Energy notes recent press speculation regarding Taas Yuriakh ('Taas'), one of the Company's strategic assets in East
Siberia. The Company currently owns a 35.3 per cent stake in Taas. 

    The Company confirms that it is currently considering different options for the efficient development of this important asset, including
the possibility of joint venture arrangements, but no agreement has been reached with any company and there can be no assurance that any
such agreement will be reached. 

    Further announcements regarding the Company's strategic plans will be made, if appropriate.

    Enquiries:
 Pelham PR     
 Mark Antelme    +44(0)20 3178 6242 / +44(0)752 5951 011
 Evgeniy         +44(0)20 3008 5506 / +44(0)7894 608 606
 Chuikov       


This information is provided by RNS
The company news service from the London Stock Exchange
 
  END 
 
STRUUGPAUUPRGGP
Urals Energy (LSE:UEN)
Historical Stock Chart
From Jun 2024 to Jul 2024 Click Here for more Urals Energy Charts.
Urals Energy (LSE:UEN)
Historical Stock Chart
From Jul 2023 to Jul 2024 Click Here for more Urals Energy Charts.