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CALGARY, ALBERTA -- (Marketwire) -- 02/09/12 -- Kulczyk Oil Ventures Inc. ("Kulczyk Oil", "KOV" or the "Company") (WARSAW: KOV), an international upstream oil and gas company, is pleased to report that the Olgovskoye-6 ("O-6") well in Ukraine has commenced commercial production at a rate of more than 1.5…
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CALGARY, ALBERTA -- (Marketwire) -- 02/06/12 -- Kulczyk Oil Ventures Inc. ("Kulczyk Oil", "KOV" or the "Company") (WARSAW: KOV), an international upstream oil and gas company, is pleased to report that the Makeevskoye-21 ("M-21") well in Ukraine has commenced drilling. The well is operated by KUB-Gas LLC ("KUB-Gas"),…
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CALGARY, ALBERTA -- (Marketwire) -- 01/18/12 -- Kulczyk Oil Ventures Inc. (WARSAW: KOV) ("Kulczyk Oil", "KOV" or "Company") an international upstream oil and gas company, is pleased to report that an extension to the terms of the Production Sharing Agreement ("PSA") has been granted by PetroleumBRUNEI. Under the…
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CALGARY, ALBERTA -- (Marketwire) -- 10/25/11 -- Kulczyk Oil Ventures Inc. ("Kulczyk Oil", "KOV" or the "Company") (WARSAW: KOV), is pleased to announce that KUB-Gas LLC ("KUB-Gas"), a partially-owned indirect subsidiary of KOV, will initiate a reservoir stimulation program using hydraulic fracturing technology ("frac--ing") in late October.The initial…
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CALGARY, ALBERTA -- (Marketwire) -- 10/17/11 -- Kulczyk Oil Ventures Inc. ("Kulczyk Oil", "KOV" or "the Company") (WARSAW: KOV) announces that Loon Latakia Limited ("Loon Latakia"), an indirect wholly-owned subsidiary of KOV, has suspended current operations in Syria. As a result of KOV suspending its exploration activities in…
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CALGARY, ALBERTA -- (Marketwire) -- 10/07/11 -- Kulczyk Oil Ventures Inc. (WARSAW: KOV) ("Kulczyk Oil", "KOV" or the "Company"), an international upstream oil and gas company, is pleased to report that the Olgovskoye-18 ("O-18") well in Ukraine commenced drilling on 6 October 2011. The well is operated by…
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CALGARY, ALBERTA -- (Marketwire) -- 09/30/11 -- Kulczyk Oil Ventures Inc. ("Kulczyk Oil", "KOV" or the "Company") (WARSAW: KOV), an international upstream oil and gas company, is pleased to report on the continued growth of gas production from its partially-owned subsidiary in Ukraine.HighlightsProductionWith the completion and tie-in of…
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CALGARY, ALBERTA -- (Marketwire) -- 08/12/11 -- Kulczyk Oil Ventures Inc. (WARSAW: KOV) ("Kulczyk Oil", "KOV" or the "Company") is pleased to announce the conversion of an existing debenture into common shares of KOV and the finalization of new funding arrangements.New Funding ArrangementOn 11 August 2011 KOV finalized…
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CALGARY, ALBERTA -- (Marketwire) -- 08/04/11 -- Kulczyk Oil Ventures Inc. (WARSAW: KOV) ("Kulczyk Oil", "KOV" or the "Company") is pleased to announce that the O-12 well on the Olgovskoye License in Ukraine commenced drilling on 3 August 2011.O-12 Exploration WellThe O-12 well is located approximately 1.4 kilometres…
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CALGARY, ALBERTA -- (Marketwire) -- 08/01/11 -- Kulczyk Oil Ventures Inc. (WARSAW: KOV) -Pursuant to Article 62.8 of the Act of 29 July 2005 on Public Offering, Conditions Governing the Introduction of Financial Instruments to Organised Trading, and Public Companies, KULCZYK OIL VENTURES INC. ("Kulczyk Oil", "KOV") hereby…