Araca Energy ASA (“Aracaâ€), a Norwegian based oil and gas E&P company with its main assets onshore in the Komi Republic of the Russian Federation, is in its final stages of a successful restructuring.
​Following a period with strong focus on internal improvements to operations and company structure Araca is now entering into a phase where it also is actively looking for acquisition opportunities to grow the company further.
Araca Energy ASA summons all shareholders to an Extraordinary General Meeting of Shareholders to be held on the 16th of October 2018 at 11:00 a.m. (CET), at Felix Konferansesenter, Bryggetorget 3, 0250 Oslo, Norway.
Araca Energy ASA summons all shareholders to an Annual General Meeting of Shareholders to be held on the 7th of August 2018 at 11:00 a.m. (CEST), at Bryggetorget 3, 0250 Oslo, Norway.
Araca Energy ASA (the "Company") has experienced a substantial delay in reporting its 2016 consolidated financial statements. The Company is now in its final stages of completing the audited consolidated financial statements.
Araca Energy ASA has today announced changes to its executive management structure in order to transition into a more robust company and to deliver on its strategy.
Reference is made to press releases dated 27.06.2016, 07.09.2016 and 12.09.2016, concerning potential transactions with OOO Geopromneft and PJSC Petrarko.