Shareholders of Razvedka Dobycha KazMunayGas JSC (Kazakhstan) confirmed deals, which company is interested in and deals increasing company's liabilities
08.06.05 11:08
/KASE, June 8, 05/ - Razvedka Dobycha KazMunayGas JSC (Astana, the
company), whose shares are circulating in Kazakhstan stock exchange's
(KASE) official "A" listing category, has presented to KASE a copy of minutes
of its prescheduled general shareholders meeting, which was held on May
17 of 2005.
According to the agenda shareholders approved decisions of company's
Board of directors:
- about making of deals, which the company is interested in
- about making of an additional agreement about inclusion of changes and
additions in the agreement of crude oil purchase and sale, which are
concerned with changing of a side in the agreement, and agreement
about consent for advance payment, increasing company's liabilities by
the amount equaling to 25% and more from its equity capital
Company's primary activities are exploration and survey works, development
of oil, gas and gas-condensate fields; production and transportation of oil
and gas; initial oil preparation and gas refining, sale of hydrocarbon raw
stuff and products of its refining.
[2005-06-08]