Eurasia Journal News

PetroNeft Resources: Secures $2.9m Loan to Improve Operational Performance

PetroNeft an oil & gas exploration and production company, operating in the Tomsk Oblast, Russian Federation, and 50% owner and operator of Licenses 61 and 67, is pleased to provide a financing update: Highlights – New $2.9m convertible loan facility providing greater headroom to develop value. PetroNeft is pleased to …

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Eurasia Journal News

PetroNeft Respurces: Acquisition of Additional 40% Interest in Licence 67 and Director Appointment

PetroNeft an oil & gas exploration and production company, operating in the Tomsk Oblast, Russian Federation, and 50% owner and operator of Licenses 61 and 67, is pleased to provide the following update: Highlights Execution of Sales Purchase Agreement to acquire an additional 40% interest in Licence 67. Alastair McBain …

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Eurasia Journal News

PetroNeft: Drilling Update – Results of C-4 Well Upgraded

PetroNeft (AIM: PTR) an oil and gas exploration and production company operating in the Tomsk Oblast, Russian Federation, and 50% owner and operator of Licences 61 and 67 is pleased to announce that cased-hole testing of the J1-1 and J1-3 intervals of the Cheremshanskoye No.4 (C-4) well in Licence 67 has confirmed the …

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Uncategorized

Petroneft Resources Disappointed with Lineynoye Pad 2 Frac Results but Cheremshanskoye Tests Positive

PetroNeft Resources plc, the owner and operator of Licences 61 and 67, Tomsk Oblast, Russian Federation, is pleased to announce an update on its operations. Highlights: • Year end production reached approximately 3,000 bopd; current production steady at 2,300 bopd o Lineynoye Pad 1 responded to pressure maintenance o Lineynoye …

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