Eurasia Journal News

PetroNeft: Horizontal Drilling Continues to Boost Numbers

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 provide an update on operations at Licence 61. Highlights West Lineynoye – L-10 horizontal well brought online at a sustained rate …

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Eurasia Journal News

Petroneft: Horizontal Wells Boosting Production

PetroNeft an oil & gas exploration and production company operating in the Tomsk Oblast, Russian Federation, and 50% owner and operator of License’s 61 and 67 is pleased to provide an update on operations at Licence 61. Highlights Tungolskoye T-503 horizontal well brought online at sustained rate of over 550 …

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Eurasia Journal News

PetroNeft: Oil India Farmout Provides "Strong Industry Partner"

PetroNeft (AIM: PTR) owner and operator of Licences 61 and 67, Tomsk Oblast, Russian Federation, is pleased to report its final results for the year ended 31 December 2014. In addition, PetroNeft announces that the Company’s Annual Report and Accounts for the year ended 31 December 2014 and Notice of …

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Eurasia Journal News

PetroNeft: Oil India Farmout Provides “Strong Industry Partner”

PetroNeft (AIM: PTR) owner and operator of Licences 61 and 67, Tomsk Oblast, Russian Federation, is pleased to report its final results for the year ended 31 December 2014. In addition, PetroNeft announces that the Company’s Annual Report and Accounts for the year ended 31 December 2014 and Notice of …

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Eurasia Journal News

Petroneft Resources: Tungolskoye Horizontal A Success

PetroNeft an oil & gas exploration and production company operating in the Tomsk Oblast, Russian Federation, is pleased to provide an update on operations at Licence 61. Highlights Tungolskoye · Tungolskoye No. 5 well tested at over 600 bopd and is now in production · Development of Tungolskoye to proceed …

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Eurasia Journal News

Petroneft: Completes First Tungolskoye Horizontal Well

PetroNeft an oil & gas exploration and production company operating in the Tomsk Oblast, Russian Federation, is pleased to provide an update on operations at Licence 61. Highlights Tungolskoye Tungolskoye No. 5 well tested at over 600 bopd and is now in production Development of Tungolskoye to proceed immediately 11 …

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Eurasia Journal News

PetroNeft Resources: December 2014 Operations Update

PetroNeft an oil & gas exploration and production company operating in the Tomsk Oblast, Russian Federation, is pleased to provide an update on operations. Licence 61 Arbuzovskoye 106 well now in production at a stabilised average rate of 170 bopd Arbuzovskoye 103 well drilling ahead Drilling of Tungolskoye 5 horizontal …

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PetroNeft Resources: Kick Starts Drilling Program After Farm Out Plus Commencing Major Seismic Program

PetroNeft an oil & gas exploration and production company operating in the Tomsk Oblast, Russian Federation, is pleased to announce a number of significant actions following the completion of the Licence 61 Farmout to Oil India Limited on 3 July 2014, in particular the re-commencement of drilling operations on Licence …

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Petroneft Resources: Completes Farmout to India Oil and is Now Debt Free

PetroNeft an oil & gas exploration and production company operating in the Tomsk Oblast, Russian Federation, is pleased to announce the completion of the Licence 61 Farmout to Oil India Limited (“OIL”) · All debt repaid · Drilling to re-commence at Licence 61 this month as part of a fully …

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PetroNeft Resources: Secures New Financing and Progresses Well with Farmout

PetroNeft owner and operator of Licences 61 and 67, Tomsk Oblast, Russian Federation, is pleased to announce a funding and operations update. Highlights • $6.7 million fundraising consisting of o $5.2 million new equity issue at 5 pence per share o $1.5 million in debt • Production higher at 2,400 …

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