PetroNeft Resources: Half Year Review – Production Stablised, Progress with Financing
PetroNeft Resources plc owner and operator of Licences 61 and 67, Tomsk Oblast, Russian Federation, is pleased to report its results for the 6 months ended 30 June 2013.
Highlights:
- H1 production of 445,949 barrels of oil for the period – average of 2,464 bopd
- Encouraging further progress on financing
- Current group production 2,500 bopd
David Golder, Chairman of PetroNeft Resources plc, commented:
“The first half of 2013 was a busy period for the Company. Some production issues were resolved leading to more stable production in recent months.
Since the Annual General Meeting on 11 September we have continued to make good progress on re-financing the Company and I hope to be able to update shareholders in detail on this point in the coming weeks.”
PetroNeft Resources plc (“PetroNeft” or the “Company”) 2013 Interim Results PetroNeft Resources plc (AIM: PTR) owner and operator of Licences 61 and 67, Tomsk Oblast, Russian Federation, is pleased to report its results for the 6 months ended 30 June 2013.
Highlights:
Click here to download Interim Accounts
David Golder, Chairman of PetroNeft Resources plc, commented: “The first half of 2013 was a busy period for the Company. Some production issues were resolved leading to more stable production in recent months.
Since the Annual General Meeting on 11 September we have continued to make good progress on re-financing the Company and I hope to be able to update shareholders in detail on this point in the coming weeks.”
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