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.