Site non officiel d'informations sur Maurel & Prom

Activités News Analyses sur Maurel & Prom


Vous n'êtes pas connecté. Connectez-vous ou enregistrez-vous

Infos du 21/01/08

Aller en bas  Message [Page 1 sur 1]

1 Infos du 21/01/08 le Mer 21 Jan - 19:44

Admin


Admin
2009-01-21:T06:52

Corporate Update


Artumas Group Inc., (OSE:AGI), the independent oil and gas exploration and production company today issues a corporate update. This includes the Company's progress in:

continuing negotiations on the sell down of a portion of its assets;
advancing operational developments;
reducing ongoing costs and capturing efficiency gains throughout the Company;
Reduction of approximately 60% in Field Operations costs
Immediate 40% reduction in corporate head office employees; with further staff reductions anticipated by end Q1 2009, and
Convertible Bonds Series 1, USD 20 MM, paid in full on maturity date of 16 January 2009.
Please see attached document for the Company's full news release with details on the Corporations' developments.

Lien vers article complet

http://hugin.info/136496/R/1283704/287482.pdf

Corporate Update

Voir le profil de l'utilisateur http://maurel.forumactif.com

Revenir en haut  Message [Page 1 sur 1]

Permission de ce forum:
Vous ne pouvez pas répondre aux sujets dans ce forum