North West Oil Group, Inc. (NWOL)

[eik]

<< I would speculate it would be a london based major…>>
Even if this is not one of the majors that’s already listed in London, the following scenario is very possible:
1. NWOG merges with “unknown” into Big Integrated Company.
2. BIC immediately applies for listing in London, hire an accountant (later Nomad) to prepare consolidated financials. reserves, etc. for new company.
3. After London IPO every share of NWOG.PK will be exchanged for ???.?? shares of BIC.L (or cash equivalent), and every share of “unknown” (could be held by private shareholders only) for $???.?? (totaling $80 mln - “merger cost”) plus ???.?? shares of BIC.L
4. NWOG shareholders are happy and rich. :)

Looking at big guys, it could be someone from this short list: Rosneft, Lukoil, TNP-BP. I would add also the usual suspect Surgutneftegas, but I haven’t check yet whether they have any businesses in Saratov. TNP-BP pops up from all my search queries, well established in Saratov, has history of relations with NWOG, etc. And it’s British-Russian oil venture, Europe, Malyshev needs to talk to them… you know. :) But it looks like TNP-BP has 7 subsidiaries in Saratov region not 5 (including refineries), so it’s still an open question.

IMO.