Far Vista Petroleum Corp: Business description, financial summary, 3yr and interim financials, key statistics/ratios and historical ratio analysis.
Provider: Reuters Investment Profile
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Far Vista Interactive Corp Announces Acquisition Of Oil Production Company
Far Vista Petroleum Corp announced that it has completed the acquisition of CJSC Chedty Neft by which it acquired all its outstanding shares. Chedty Neft is an oil producer with proven oil reserves in the Federation of Russia. Its oil field is situated in the Chedtyiskoye Field in the Timan Pechora Region of Russia. The Company has proved developed reserves of 1,584,000,000 barrels and its proven undeveloped reserves exceed 4,000,000,000 barrels of oil. The Company recently changed its name from Far Vista Interactive Corp to Far Vista Petroleum Corp with a new CUSIP number but with the same trading symbol.
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