Petroneft Resources: Tungolskoye Horizontal A Success
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 No. 5 well tested at over 600 bopd and is now in production · Development of Tungolskoye to proceed …
PetroNeft Resources plc: Tungolskoye No. 5 update
PetroNeft (AIM: PTR) an oil & gas exploration and production company operating in the Tomsk Oblast, Russian Federation, is pleased to provide an update on the Tungolskoye No. 5 (“T-5”) well. Vertical pilot hole successfully completed Structural interpretation of Tungolskoye confirmed Open hole flow test of 100 bopd, unstimulated 8.2 metres of …
Petroneft Resources: 1H Results – Average Production of 2,163 bopd
PetroNeft Resources plc owner and operator of Licences 61 and 67, Tomsk Oblast, Russian Federation, is pleased to report its results for the 6 months ended 30 June 2014. Highlights: • H1 production average of 2,163 bopd. • Farmout of Licence 61 to Oil India completed, Company is now debt-free. …
PetroNeft Resources: Kick Starts Drilling Program After Farm Out Plus Commencing Major Seismic Program
PetroNeft an oil & gas exploration and production company operating in the Tomsk Oblast, Russian Federation, is pleased to announce a number of significant actions following the completion of the Licence 61 Farmout to Oil India Limited on 3 July 2014, in particular the re-commencement of drilling operations on Licence …
Petroneft Resources: Completes Farmout to India Oil and is Now Debt Free
PetroNeft an oil & gas exploration and production company operating in the Tomsk Oblast, Russian Federation, is pleased to announce the completion of the Licence 61 Farmout to Oil India Limited (“OIL”) · All debt repaid · Drilling to re-commence at Licence 61 this month as part of a fully …
PetroNeft Resources: Secures New Financing and Progresses Well with Farmout
PetroNeft owner and operator of Licences 61 and 67, Tomsk Oblast, Russian Federation, is pleased to announce a funding and operations update. Highlights • $6.7 million fundraising consisting of o $5.2 million new equity issue at 5 pence per share o $1.5 million in debt • Production higher at 2,400 …
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 Resources: Half Year Review – Production Stablised, Progress with Financing
PetroNeft Resources plc owner and operator of Licences 61 and 67, Tomsk Oblast, Russian Federation, is pleased to report its results for the 6 months ended 30 June 2013. Highlights: H1 production of 445,949 barrels of oil for the period – average of 2,464 bopd Encouraging further progress …
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 …