Eurasia Journal News

PetroNeft: Operations Update

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 the commencement of year-round production from the Sibkrayevskoye field in Licence 61.  Highlights ·  Connection of the Sibkrayevskoye field to …

READ MORE →
Eurasia Journal News

PetroNeft: Operational Update – Licence 67

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 the successful re-entry of the C-4 well on the Cheremshanskoye field in Licence 67 and commencement of oil sales for …

READ MORE →
Eurasia Journal News

PetroNeft: US$2.12 million Placing, Corporate Update, Director Appointment

PetroNeft, the 50% owner and operator of Licences 61 and 67, Tomsk Oblast, Russian Federation, is pleased to announce a conditional placing of 107,755,037 shares at a price of 1.5p. Highlights: Gross proceeds of US$2.12 million raised at £0.015 per share in a placing with institutional and other investors, a …

READ MORE →
Eurasia Journal News

PetroNeft: Operational Update on Licence 67 Forward Plans

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 update on the Licence 67 operational plan. Highlights   Plan to bring Cheremshanskoye field in Licence 67 into …

READ MORE →
Eurasia Journal News

PetroNeft: H1-2019 Interim Results

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 2019. Highlights Gross production from Licence 61 in H1 2019 was …

READ MORE →
Eurasia Journal News

PetroNeft: Final Results 2018

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 2018. Highlights C-4 well at Cheremshanskoye produced about 450 bopd on test Gross production at Licence 61 in 2018 was 713,603 barrels of oil …

READ MORE →
Eurasia Journal News

PetroNeft Resources: Increase in Reserves for Licence 67 Following Drilling Success

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 (the remaining 50% held by Arawak Energy), is pleased to give the following update in relation to reserves at its Licence 67. Highlights New …

READ MORE →
Eurasia Journal News

PetroNeft: Initial Thoughts from New Chief Executive Officer

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 initial thoughts from the new Chief Executive Officer  David Sturt. “I have now been in my new position as …

READ MORE →
Eurasia Journal News

PetroNeft: Announce Management Change

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, announces that Paul Dowling, CFO and Company Secretary, will depart the Company at the end of January 2019 to pursue other opportunities. Paul will …

READ MORE →
Eurasia Journal News

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 …

READ MORE →