Urals Energy Public Company Limited Petrosak update (9256B)
January 12 2015 - 8:00AM
UK Regulatory
TIDMUEN
RNS Number : 9256B
Urals Energy Public Company Limited
12 January 2015
12 January 2015
Urals Energy PCL
("Urals Energy" or the "Company")
Update in relation to Petrosak
Urals Energy PCL (AIM:UEN), the independent exploration and
production company with operations in Russia, announces that on 9
January 2015 a fire occurred at its Petrosak refinery caused by an
accident which occurred during recent adverse weather
conditions.
No one was injured during the fire and the oil field operations
were not affected. However, the refinery is currently closed
pending repairs to control equipment. The Management of Petrosak is
urgently seeking to source replacements for the damaged equipment,
which was manufactured in the US, and to assess the time required
to bring the plant back into operation. This incident will not be
covered by the Company's insurance policies.
Further announcements will be made at the appropriate time.
- Ends -
For further information, please contact:
Urals Energy Public Company Limited
Andrew Shrager, Chairman Tel: +7 495 795 0300
Leonid Dyachenko, Interim Chief Executive www.uralsenergy.com
Officer
Allenby Capital Limited
Nominated Adviser and Broker
Nick Naylor Tel: +44 (0) 20 3328
5656
Alex Price www.allenbycapital.com
Media enquiries:
Abchurch
Henry Harrison-Topham / Quincy Allan Tel: +44 (0) 20 7398
7710
quincy.allan@abchurch-group.com www.abchurch-group.com
This information is provided by RNS
The company news service from the London Stock Exchange
END
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