Latest News

13
Mar
2012
General News - 13 March, 2012
Aladdin Oil & Gas Company ASA' daughter company OOO Geotechnologia has put the 3rd gass well, 7 VDE drilled during spring 2011, on stream. The gas is now being sent into the salesline. Aladdin has now 3 operational gaswells on gasfield #1 operation and gas is flowing into the sales line from all 3 wells. Combined production is slightly over 100.000 m3/day estimated to increase as production parameters are being tuned optimally.
24
Jan
2012
Announcements - 24 January, 2012
After the successful reactivating of well 5LK the Company has as earlier announced been working over well 4VKD. The work over is now completed successfully. The well is presently cleaning out to improve the production parameters and improve pressure.
16
Jan
2012
Announcements - 16 January, 2012
Aladdin Oil & Gas Company ASA' daughter company OOO Geotechnologia has been granted a 20 years production license for gas field #2 on MS license. The field was discovered in 2009 by drilling of the well 6VKD in spring 2009. The field is located around 20km south of gas field #1.
02
Jan
2012
General News - 02 January, 2012
Aladdin Oil & Gas Company ASA's daughter company OOO Geotechnologia has been granted an extension of the MS exploration license until 31.12.2013.
19
Dec
2011
General News - 19 December, 2011
As previously announced the Company has been working over well 5LK in order to restart gas production.
19
Dec
2011
- 19 December, 2011
The 3rd gas well 7VDE has been connected to the pipeline and is currently producing around 25-30000m3/day.
09
Nov
2011
General News - 09 November, 2011
Aladdin Oil & Gas Company announces that gas well 7VDE on the gas field in Ukhta has been put on stream. The production is still in an early phase so the company will confirm production rates at a later stage.
19
Oct
2011
Meetings - 19 October, 2011
Aladdin Oil & Gas Company ASA calls for Annual General Meeting for the fiscal year 2010 on the 18th of October 2011 at 1pm in Hotel Bristol, Kristian IV street no 7, Oslo.
04
Oct
2011
Announcements - 04 October, 2011
Aladdin Oil & Gas ASA is pleased to announce the completion of the private placing adopted by the General Meeting on 29th April 2011 (the “Placingâ€). A total of 20,202,650 new ordinary shares in the Company (the “Placing Sharesâ€) have been placed by new investors and existing shareholders in relation to the Placing at a subscription price of NOK 4 per Placing Share, to raise gross proceeds of NOK 80,810,600 before commissions and expenses.
16
Jun
2011
Announcements - 16 June, 2011
Aladdin Oil & Gas Company ASA has at the end of the subscription period received subscriptions for NOK 80,810,600. The funds will be used to finance the ongoing work program and repayment of the bridge loan granted by Waterford Finance & Investment Limited.
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