Thursday, January 31, 2008 3:21:39 AM
Subsidiary ZAO SZNG "- North West Oil Group Inc goes to IPO
NWOG soon plans to enter new stock alternative site. Apart from the American Stock NAS-DAQ, OTC BB, and the American Stock Exchange AIM, examines the prospects of placement in India, Dubai, Singapore, as well as in Frankfurt.
"Despite the fact that Russian oil companies in the Arab and Asian sites are too often absent - said in an interview with RBC" daily "The President of North-West Oil Group G. Ernest Malyshev - we believe their outlook. The same Dubai - is the economic center of the Arab world, which is growing rapidly. "
During the placement of a package of 25% and above the maximum expected to attract 200-300 million U.S. During the IPO, said Ernest Malyshev might attract a strategic investor or a Eurobond issue. At the same time, enough funds to purchase new assets.
http://www.szng.ru/nov.html
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