Czech gas driller Eriell considers London IPO

11.09.2007 | , Reuters
Zpravodajství ČTK


perex-img Zdroj: Finance.cz

PRAGUE, Sept 11 (Reuters) - Czech natural gas drilling firm Eriell Corporation is to consider an initial public offering worth $30-50 million in...

...London and possibly Moscow, a manager at the firm said on Tuesday.

Eriell drills in gas fields in the central Asian republic of Uzbekistan.

"We are at the stage of consideration ... some companies are working on it for us, we will see after they prepare their offers," said Natalia Harustiakova, a manager at the firm and wife of Chief Executive Milan Harustiak.

"It is possible we will accomplish it within a year, but it is not entirely clear yet," she told Reuters.

A Czech company registry lists Rangemead Invest Ltd, registered in London, as 95 percent stakeholder in Eriell.

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