Eurasia Journal News

Petroneft Resources: 2015 Final Results – 11 Wells Drilling, 11,000km of 2D Seismic Acquired

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 2015. In addition, PetroNeft announces that the Company’s Annual Report and Accounts for 2015 and Notice of the 2016 AGM will be …

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Eurasia Journal News

PetroNeft Resources: Arbuzovskoye Horizontal Flowing at 800 bopd

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 Production Current gross production from Licence 61 is about 3,000 bopd …

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Eurasia Journal News

Petroneft: Statement and Recommendations on the Extraordinary General Meeting Called by Natlata Partners

Dear PetroNeft Shareholders, As you may be aware, your Board has received a notice requisitioning an extraordinary general meeting (EGM) of the Company from a single shareholder, Natlata Partners Limited (“Natlata”) a company registered under the laws of the British Virgin Islands. The EGM will be held at 11:00 AM …

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Eurasia Journal News

PetroNeft: Receives First Round of Oil India Funding to Fund Drilling Program

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 that the legal documentation for the first tranche of the proposed US$35m financing for Licence 61 to be …

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Eurasia Journal News

Petroneft Resources: Oil India Provides $35m in Funding for Major Drilling Program

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 announce that it has reached agreement with Oil India, its partner on license 61, for a budget and major work programme for …

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Eurasia Journal News

Petroneft Resources: Workover Program at Tungolskoye To Improve Disappointing Production Rates

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 Tungolskoye – T-501 and T-505 horizontal wells drilled. Logs suggest both to …

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Eurasia Journal News

Petroneft Resources: Production Up 40% with Horizontal Drilling

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: Tungolskoye – T-502 horizontal well brought on line at sustained rate 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: 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: SGK Drilling Awarded Tungolskoye Drilling Contract

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 Development drilling contract awarded to Eurasia Drilling, one of the largest drilling companies in Russia – Development will consist …

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