PetroNeft Resources: Petrogrand Financing Update
PetroNeft an oil & gas exploration and production company, operating in the Tomsk Oblast, Russian Federation, and 90% owner and operator of Licence 67 and 50% owner and operator of Licence 61 provides the following financing update. Highlights Reduction in Petrogrand loan to $2.3 million and all conditions now satisfied …
PetroNeft: Final Results 2020
PetroNeft an oil & gas exploration and production company, operating in the Tomsk Oblast, Russian Federation, and 90% owner and operator of Licence 67 and 50% owner and operator of Licence 61, is pleased to report its final results for the year ended 31st December 2020. Highlights New leadership, combined …
PetroNeft: Conversion of Debt
PetroNeft an oil & gas exploration and production company, operating in the Tomsk Oblast, Russian Federation, and 50% owner and operator of Licence 61 and 90% owner of Licence 67, is pleased to provide a financing update. Highlights Total of $2.69M of debt converted to equity under three historic convertible …
PetroNeft: Production Commences at Licence 67
PetroNeft an oil & gas exploration and production company, operating in the Tomsk Oblast, Russian Federation, and 90% owner and operator of Licence 67 and 50% owner and operator of Licence 61 is pleased to announce the following operational news. Highlights Production commenced from the Cheremshanskoye field on Licence 67. …
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 …
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 …
PetroNeft Resources: Belgrave Naftogas to Acquire 40% of Licence 67 for US$2.9 million
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 Heads of Terms signed with Belgrave Naftogas (formerly Arawak Energy Russia B.V.) to acquire an additional …
PetroNeft: Field Optimisation Programs Boosting Production
PetroNeft an oil & 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 improved production. Highlights o Production up year on year by 7.8%, to 1,589 bbls/day July 2020, currently averaging 17% above …
PetroNeft: Operational Update – Licence 67
PetroNeft an oil & 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 the successful re-entry of the C-4 well on the Cheremshanskoye field in Licence 67 and commencement of oil sales for …
Petrosibir: AGM – No Dividend for 2018, New Board Elected
Shareholders of Petrosibir AB passed the following main resolutions at the annual general meeting held on 28 May 2019. The shareholders adopted the annual report for the financial year 2018 and resolved that dividend should not be paid for the financial year 2018. In addition, the board and the managing …