Eurasia Journal News

PetroNeft Resources: Company Update 11th May 2023

Further to the announcement on 10th May regarding the voluntarily filing for bankruptcy administration in respect of Stimul-T LLC, PetroNeft (AIM: PTR) provides the following operational updates. Licence 67 operations The C-4 well at the Cheremshanskoye field in Licence 67 continues to produce without any material decline at rates of …

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Eurasia Journal News

PetroNeft: Finance Update

PetroNeft an oil and 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 finance update.  Petrogrand Loan facility On 15th December 2021 that PetroNeft had met all contractual …

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Eurasia Journal News

PetroNeft Resources: Reservoir Stimulation Contract Awarded to NewTech Services, Drilling Services Awarded to SSK

PetroNeft an oil & gas exploration and production company, operating in the Tomsk Oblast, Russian Federation; and 90% owner and operator of Licences 67 and 50% owner and operator of Licence 61 provides the following update. Highlights Reservoir Stimulation program on the Lineynoye and Arbuzovskoye fields (Licence 61) expanded from …

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Eurasia Journal News

PetroNeft: 2021 Reserves & Resource Audit

PetroNeft an oil and 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 provide the results of the reserves and resource audit, the first undertaken since 2016, for …

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Eurasia Journal News

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 …

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Eurasia Journal News

PetroNeft: Conversion of Debt

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 provide a financing update. Highlights Total of $37,500 of debt converted to equity under 2021 …

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Eurasia Journal News

PetroNeft Resources: Operational Update

PetroNeft an oil and 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 Contract signed for the provision of fracking services on …

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Eurasia Journal News

PetroNeft Resources: Appointment Eskil Jersing as Independent Non-Executive Director

PetroNeft an oil and 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 that the Board has elected Eskil Jersing as Independent Non-Executive Director of the Company …

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Eurasia Journal News

PetroNeft Resources: Interim Results for the Half Year Ended 30 June 2021

PetroNeft Resources plc ( further referred to as the “Company” and together with its subsidiaries and joint venture, the “Group”, AIM: PTR) 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 …

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Eurasia Journal News

PetroNeft Resources: Export of Crude Oil

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  Export oil sales to commence from 1st October. On …

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