Urals Energy Appoints Interim CEO

Russia-focused junior oil firm Urals Energy announced Tuesday that Sergey Uzornikov, its chief financial officer, has been appointed interim CEO.

The company has begun its search for a permanent CEO after its previous chief executive, Alexei Maximov, resigned at the end of October.

Urals is focused on operations located in two separate regions of Russia. At its ArcticNeft operation it is producing oil from the Peschanoozerskoye field, which is situated in the Northern Timan Pechora Basin in the Barents Sea. The firm's Petrosakh operation is located in the Russian Far East, where Urals produces oil from an onshore field on the east coast of Sakhalin Island.

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