Press Speculation
March 03 2010 - 5:01AM
UK Regulatory
TIDMUEN
RNS Number : 0022I
Urals Energy Public Company Limited
03 March 2010
03 March, 2010
Urals Energy Public Company Limited
('Urals Energy' or the 'Company')
Press Speculation
Urals Energy, the AIM listed independent exploration and production company with
operations in Russia, notes today's press comments in Russia suggesting the
Company's subsidiary Petrosakh has committed to investments on its Pogranichniy
Block, offshore Sakhalin.
The board of Urals wishes to notify shareholders that this comment is untrue and
that the board is not currently planning such an investment. Urals Energy's
strategy remains as set out in the Company's announcement dated 19 February
2010.
Enquiries:
+----------------------------------+--------------------------------+
| | |
| Allenby Capital Limited | +44 (0)20 3328 5656 |
+----------------------------------+--------------------------------+
| Nick Naylor | |
| Jamie Boyd | |
+----------------------------------+--------------------------------+
| | |
+----------------------------------+--------------------------------+
| Pelham Bell Pottinger | +44 (0)20 7337 1500 |
+----------------------------------+--------------------------------+
| Mark Antelme | |
+----------------------------------+--------------------------------+
| Evgeniy Chuikov | |
+----------------------------------+--------------------------------+
This information is provided by RNS
The company news service from the London Stock Exchange
END
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