NEW! Investment Companies Centre
Ocean Finance Loans:
£44,562m
47.00p ()
1,653.00p
Date: Wednesday 13 Aug 2008
LONDON (ShareCast) - Russia-focused oil firm Sibir’s 50:50 joint venture with Shell in the Salym group of fields in western Siberia has ramped up crude production to 130,000 barrels per day (bopd).
Sibir’s share of record output at Salym Petroleum Development NV (SPD) is over 65,000 barrels a day, but tops 72,000 when added to production from its Magma subsidiary.
Earlier this month it admitted it was in talks with Shell about a possible asset-swap deal.
“Sibir and Shell maintain a close working relationship. Sibir is considering all opportunities that would allow it to expand its business in Russia,” said the group.
The Sunday Times reported that Shell has held preliminary talks with Sibir about a £1bn asset transaction that could see it buy a stake in its smaller rival.
| Currency | UK Pounds |
| Share Price | 1,653.00p ![]() |
| Change Today | +47.00p |
| 52 Week High | 2,212.00p |
| 52 Week Low | 1,235.00p |
| Volume | 7,932,832 |
| Shares Issued | 2,695.81m |
| Market Cap | £44,562m |
| Beta | 1.11 |
| RiskGrade | 388 |
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| Latest | Previous | |
|---|---|---|
| Q3 | Q2 | |
| Ex-Div | 05-Nov-08 | 06-Aug-08 |
| Paid | 10-Dec-08 | 10-Sep-08 |
| Amount | 40.00¢ | 40.00¢ |
| Time | Volume / Share Price |
| 16:45 | 215,320 @ 1,653.00p |
| 16:48 | 3,540 @ 1,635.00p |
| 16:35 | 567,203 @ 1,653.00p |
| 16:29 | 584 @ 1,651.00p |
| 16:29 | 659 @ 1,651.00p |
| CEO | Jeroen van der Veer |
| CFO | Peter Voser |