Animex back in Russia

Animex, the oil and gas development and production company, has resumed development of the Kirtayel field in Russia, following…

Animex, the oil and gas development and production company, has resumed development of the Kirtayel field in Russia, following the dismissal of an action brought by a third party. The latest six months results to June 30th, 1998, showed a fall in sales from $8.2 million (£5.4 million) to $5.8 million, reflecting the drop in oil prices. The loss before tax has increased from $1.1 million to $2.5 million.

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