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PetroNeft: Licence 61 Farmout Update

PetroNeft owner and operator of Licences 61 and 67, Tomsk Oblast, Russian Federation, announced an update on the negotiation of the farmout agreement for a 50% interest in Licence 61 (the “Licence 61 Farmout”). All legal documentation and due diligence is now complete and the Company expects to execute binding …

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