Oil & Gas Operators

PetroNeft Resources: Appoints David Sturt as New CEO

PetroNeft (AIM: PTR) 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 selection and appointment of a new Chief Executive Officer (“CEO”). Mr. David Sturt, who has been a …

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Oil & Gas Operators

PetroNeft Resources: Retirement of Chief Executive Officer and Appointment of Karl Johnson as Interim CEO

Dennis Francis, Chief Executive Officer (“CEO”) and a founder of the Company, has informed the Board that he has elected to retire as CEO following his recent 70th birthday. Mr Francis will remain as a Non-Executive Director in the Company and has agreed to assist the Company on a consulting …

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Oil & Gas Operators

PetroNeft: Drilling Update – Results of C-4 Well Upgraded

PetroNeft (AIM: PTR) an oil and 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 that cased-hole testing of the J1-1 and J1-3 intervals of the Cheremshanskoye No.4 (C-4) well in Licence 67 has confirmed the …

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Oil & Gas Operators

PetroNeft: Drilling Update C-4 Well

PetroNeft (AIM: PTR) an oil and 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 that it has successfully cored, logged and open-hole tested the J1-1 and J1-3 intervals of the Cheremshanskoye No.4 (C-4) well in …

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Oil & Gas Operators

PetroNeft Resources plc: 2017 Final Results

PetroNeft 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 2017. Highlights S-375s delineation well at Sibkrayevskoye produced about 150 bopd on test with an electric submersible pump Gross production at Licence 61 in …

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Oil & Gas Operators

PetroNeft Resources plc Update on 2018 Work Programme

PetroNeft an oil and 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 details of its 2018 work programme. Highlights Drilling of the Cheremshanskoye No. 4 (C-4) Appraisal Well in Licence 67. Continued testing at …

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Oil & Gas Operators

PetroNeft Resources plc: Quarterly Production Update

PetroNeft (AIM: PTR) an oil & gas exploration and production company, operating in the Tomsk Oblast, Russian Federation, and 50% owner and operator of Licences 61 and 67, provides an update on oil production at Licence 61 in the fourth quarter of 2017.   Licence 61 Gross Production Q4-2017 Q3-2017 …

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Oil & Gas Operators

PetroNeft: Spins Bit at Sibkrayevskoye S-375 Well

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 that it has commenced drilling the S-375 delineation well at Sibkrayevskoye. The S-375 well is being drilled on the northern …

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Oil & Gas Operators

Petroneft: Well S-374 Proves Disappointing, India Oil To Finance S-375

PetroNeft an oil and 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 that it has reached agreement with Oil India, its partner on License 61, for the 2017 work programme. Following the disappointing result …

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Oil & Gas Operators

Petroneft Resources: Interim Results – License 61 Production up 40%

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 report its results for the 6 months ended 30 June 2016. Highlights – Current gross production from Licence 61 is about …

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