OMV’s Ordinary Annual General Meeting has approved a dividend of EUR 1.00 per share for 2010 as well as all other agenda resolutions.
OMV CEO Gerhard Roiss says: “OMV has gone from strength to strength in the past few years and also in 2010. Despite what remained a challenging environment that is reflected in continued high volatility of the oil price, among other factors, we were able to raise EBIT and net income well above the level of 2009.”
He added: “A major milestone in 2010 was the acquisition of a majority stake in Petrol Ofisi, which has also enabled us to significantly expand our position in the growing Turkish market.”
In April this year OMV discovered gas on the North West Shelf of Australia in the Zola-1 exploration well. This represents one of the largest gas discoveries by the company. Zola-1 is located in the WA-290-P exploration permit and is around 100 km from the Western Australian coast.
The discovery well Zola-1 and the subsequently drilled sidetrack appraisal well Zola-1/ST-1 have confirmed the existence of sandstone layers with 130 m of net gas pay in an area south of the giant Gorgon gas field.Â
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