Sintez problems soon solved?Sintez got into troubles in 2008 when RWE withdrew from a deal to buy a stake in TGK-2.
A recent court desicion in russia will force Sintez to buy the shares from the minority shareholders in TGK-2;
https://www.rbcdaily.ru/2010/09/14/tek/510511
That will be dificult for Sintez that already is short of money.Maybe this is the reason the operator in 1711 recently shifted?
Sintez filed a suit against RWE in London for 1.4 billion$,results from the arbitration is expected soon.
If arbitration is positive for Sintez they could have enough money to finance exploration in 1711,
if negative it will be difficult for them to buy the shares from the minority shareholders in TGK-2,they could be forced
to sell other assets to finance the deal(1711?)
Strategic shareholder in TGK-2 is an LLC Kores Invest, which, like the band "Synthesis", belongs to the senator from Chuvashia Leonid Lebedev. It was assumed that the costs of purchasing TGK-2 will take on RWE, but he announced in September that comes out of the deal. TGC-2 "works on the territory of Arkhangelsk, Vologda, Kostroma, Novgorod, Tver and Yaroslavl regions.