PetroNeft Resources: Operations Update – Production Increasing, Frack Program Due to Start
Operational Update PetroNeft (AIM: PTR) an oil & gas exploration and production company, operating in the Tomsk Oblast, Russian Federation, and 50% owner and operator of Licenses 61 and 67, is pleased to provide the following operational update: Highlights Licence 61 – Increase in production performance with 1,847 bopd during …
PetroNeft Resources: Belgrave Naftogas to Acquire 40% of Licence 67 for US$2.9 million
PetroNeft an oil & gas exploration and production company, operating in the Tomsk Oblast, Russian Federation, and 50% owner and operator of Licenses 61 and 67, is pleased to provide the following update: Highlights Heads of Terms signed with Belgrave Naftogas (formerly Arawak Energy Russia B.V.) to acquire an additional …
PetroNeft: Financing Update
PetroNeft an oil & gas exploration and production company, operating in the Tomsk Oblast, Russian Federation, and 50% owner and operator of Licenses 61 and 67, is pleased to provide the following financing update: Loan Facility In June 2019 PetroNeft agreed a convertible loan facility of US$1.3 million with a …
PetroNeft: Financing Update
PetroNeft an oil & gas exploration and production company, operating in the Tomsk Oblast, Russian Federation, and 50% owner and operator of Licenses 61 and 67, is pleased to provide the following financing update: Petrogrand Loan facility In January 2018 PetroNeft agreed a loan facility for up to US$2 million …
PetroNeft Resources: Signs Offtake and Road Contract for C4 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 provide the following financing and operational update: Highlights Strategic step forward on Licence 67 towards year-round production and development of Cheremshanskoye …
PetroNeft: Interim Results for the Half Year Ended 30 June 2020
PetroNeft an oil & gas exploration and production company, operating in the Tomsk Oblast, Russian Federation, is please to report its final results for the six months ended ended 30 June 2020. Highlights Gross production from Licence 61 in H1 2020 1,566 bopd (783 bopd net to PetroNeft) Completed construction …
PertoNeft: 2019 Final Results
PetroNeft an oil & gas exploration and production company, operating in the Tomsk Oblast, Russian Federation, is please to report its final results for the year ended 31st December 2019. Highlights Heads Significant technical, operational and financial progress in 2019 driven by new leadership team and stronger local input. Gross …
Petroneft: Licence 67 Financing Arrangement
Following successful completion of the C4 extended well test at the Cheremshanskoye field on Licence 67 earlier this year, a non-binding Heads of Terms Agreement has been executed between the owner and operator of Licence 67, LLC Lineynoye (50% owned by Petroneft Resources) and AOR for a financing arrangement (“Facility”) …
PetroNeft: Field Optimisation Programs Boosting Production
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 improved production. Highlights o Production up year on year by 7.8%, to 1,589 bbls/day July 2020, currently averaging 17% above …
PetroNeft Operations 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 is pleased to provide an update on the progress of the re-entry of the C-3 well on the Cheremshanskoye field in Licence …