PR EUROPE: LONDON - EIS on investor hunt for CanBaikal

Russian-based oil company CanBaikal has appointed European Investor Services (EIS) to support a pan-European investor relations programme. The Canadian-owned firm needs funds to develop its Russian petroleum properties. EIS will organise events for institutional investors in London, Paris, Geneva and Frankfurt. It has arranged for Russian energy minister Vladimir Karasev to address investors in London next month. CanBaikal has also signed a deal with Yukos, Russia’s second-largest producer of oil, providing it with access to its production facilities.

by JULIETTE GARSIDE

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