06/12/2011 First Four Houses of “Minsk-City” Complex Ready to Be Accepted by the State Committee in December 
01/12/2011 ITERA and TsMT SHELF, LLC made a Contract on choosing a drilling rig type intended for Block 21 in the Turkmen Sector of the Caspian Sea
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27/01/2012 ITERA-GEORGIA completed work to ensure provision of gas supply to KvemoNikozi village
(Georgia Online (apsny.ge), Tbilisi)
10/01/2012 ITERA staff-members arranged a holiday for children from orphan homes located near Moscow
(RIA Novosti)
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ITERA secures footing in Texas
| 2005-08-12 |
Îïóáëèêîâàíî: Kommersant, No.149 |
Dune Energy, an American subsidiary of ITERA, has acquired 95% of the stock of Voyager Partners Ltd (VP), a Texas company, which owns a license to produce 45 billion cubic ft of confirmed oil and gas (in gas equivalent). The deal is worth USD 56 million. This is what Dune Energy press service reported yesterday. In May 2004, ITERA acquired a 78% stake in Dune Energy for USD 12 million. A year later the capitalization of the company went up to USD 120 million. To a great extent, this resulted from the acquisition by Dune Energy of companies that owned production for licenses in Texas.
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