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eik

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eik

Re: None

Sunday, 10/01/2006 4:48:33 PM

Sunday, October 01, 2006 4:48:33 PM

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Last week it was discussed in Russian press that MOL is about to close purchase of NWOG stake in NWOG-MOL. They will create a new company “MOL-Russ”, based on this branch, and are going to expand operations in Russia: http://www.oilru.com/news/33798/ .
I think closing of this sale will be the topic of the next PR from NWOG. Hopefully, it will be combined with some hints where they plan to put this money, AIM, etc.


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