PetroNeft Resources: Operations Update
PetroNeft owner and operator of Licences 61 and 67, Tomsk Oblast, Russian Federation, is pleased to announce an operations update. Highlights Delineation drilling results at Lineynoye No. 9 indicate the J1-1 interval is oil saturated and in line with expectations. Average Production remains at about 2,300 bopd, with additional workovers …
PetroNeft: Commences Deferred Drilling Operations with Tomskburneftegas
PetroNeft owner and operator of Licences 61 and 67, Tomsk Oblast, Russian Federation, is pleased to announce an operations update. Highlights Drilling operations re-commenced Production currently 2,300 bopd, workovers planned once winter roads available Continued progress on re-financing as discussions widen to include additional parties Drilling programme The Board has …
PetroNeft Resources: Production Steady at 2,500 bopd
PetroNeft owner and operator of Licences 61 and 67, Tomsk Oblast, Russian Federation, is pleased to announce an operations update in advance of today’s Annual General Meeting of hareholders. Highlights – Production steady at 2,500 bopd – Beginning to see positive impact of pressure maintenance at Arbuzovskoye – Strong realised …
Petroneft Resources: Arbuzovskoye Pressure Tests Inline with Expectations
PetroNeft Resources plc owner and operator of Licences 61 and 67, Tomsk Oblast, Russian Federation, provides the following update on its operations at Licence 61. Highlights: • Arbuzovskoye well 105 successfully completed – Initial oil flow rate of 160 bopd, with no water production • Successful workover restores production at …
Petroneft Resources: Arbuzovskoye Well 112 Flowing at 140bopd
PetroNeft Resources plc owner and operator of Licences 61 and 67, Tomsk Oblast, Russian Federation, provides the following update on its operations at Licence 61. Highlights: Arbuzovskoye well 112 successfully completed No water production associated with the well Initial oil flow rate of 140 bopd, well presently shut-in for pressure …
PetroNeft Resources: Arbuzovskoye Well 111 Flows at 150 bpd
PetroNeft Resources plc owner and operator of Licences 61 and 67, Tomsk Oblast, Russian Federation, is pleased to provide an update on its operations at Licence 61. Highlights: Arbuzovskoye well 111 successfully completed and put into production Initial oil flow rate of 150 bopd No water production associated with the …
PetroNeft Resources: Update on Arbuzovskoye well No. 102
Further to the operations update on 11 October 2012 PetroNeft Resources plc owner and operator of Licences 61 and 67, Tomsk Oblast, Russian Federation, is pleased to provide an update on the flow rate achieved from Arbuzovskoye well 102 Highlights: Arbuzovskoye well 102 successfully completed with an initial flow of …
Petroneft Resources: Arbuzovskoye Well 102 Successfully Drilled and Logged
PetroNeft Resources plc owner and operator of Licences 61 and 67, Tomsk Oblast, Russian Federation, is pleased to provide an update on its operations. Highlights: • Arbuzovskoye well 102 successfully drilled and logged • Initial results positive with similar reservoir properties to prior wells • Confirms J1-1 reservoir in eastern …
PetroNeft: New Debt Facility and Operations Update
PetroNeft Resources plc owner and operator of Licences 61 and 67, Tomsk Oblast, Russian Federation, is pleased to provide an update on its operations. Highlights: · US$15 million three-year term loan agreed with Arawak Energy (“Arawak”) · New Area of Mutual Interest Agreement agreed with Arawak · Production drilling to …
PetroNeft Resources Books Big Reserve Increase
PetroNeft Resources plc owner and operator of Licences 61 and 67, Tomsk Oblast, Russian Federation, is pleased to provide an update on its operations. Highlights: · PetroNeft’s 2P reserves increase 36% to 131.7 mmbbls o Sibkrayevskoye 49.83 mmbbls · PetroNeft’s proved reserves (P1) increase 50% to 20.03 mmbbls o Lineynoye …