Management update

Management update
26
Mar
2014
General News - 26 March, 2014

Company representatives took an inspection trip to OOO Geotekhnologia in Ukhta, Komi republic 21-23 of March, 2014.

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GT management introduced the company with its employees, offices and production process on site. Furthermore, the GT management presented current situation along with the following:

Budget for 2014
Business plan for next 6 months
Work plan for 2014 (increasing current production and drilling of new wells)

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The current production is stabilized at 61-63 000 m3 of gas per day.

Further trips are scheduled for week 15 and 16.

Aladdin Oil & Gas Company ASA is a Norwegian based exploration and production company, head quartered in Oslo, with its shares traded on the OTC list under the ticker code AOGC. The company owns the Russian oil company OOO Geotechnologia which holds 4 licenses in the Timan-Pechora province in Northwest Russia.

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