Petroneft: Horizontal Wells Boosting Production
PetroNeft an oil & gas exploration and production company operating in the Tomsk Oblast, Russian Federation, and 50% owner and operator of License’s 61 and 67 is pleased to provide an update on operations at Licence 61. Highlights Tungolskoye T-503 horizontal well brought online at sustained rate of over 550 …
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: Completes First Tungolskoye Horizontal Well
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 immediately 11 …
PetroNeft Resources: December 2014 Operations Update
PetroNeft an oil & gas exploration and production company operating in the Tomsk Oblast, Russian Federation, is pleased to provide an update on operations. Licence 61 Arbuzovskoye 106 well now in production at a stabilised average rate of 170 bopd Arbuzovskoye 103 well drilling ahead Drilling of Tungolskoye 5 horizontal …
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 Update: No Q2 Income
Second quarter of 2014 · During the 2nd quarter, the Group had no operating income (-). The operating result for the 2nd quarter amounted to TSEK -11 699 (-8 281), which includes about TSEK -6 000 of extraordinary costs. · Net financial items in the 2nd quarter amounted to TSEK 750 (-2 737). · Net result …
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: Licence 61 Farmout Update
PetroNeft owner and operator of Licences 61 and 67, Tomsk Oblast, Russian Federation, announced an update on the negotiation of the farmout agreement for a 50% interest in Licence 61 (the “Licence 61 Farmout”). All legal documentation and due diligence is now complete and the Company expects to execute binding …
Petroneft: Natlata Partners Propose EGM
PetroNeft announces that it has received a proposal from Natlata Partners, a holder of in excess of 10 percent of the share capital of the Company, to call an extraordinary general meeting of the Company (“EGM”). The Company is currently considering this proposal with its advisers. The Proposing Shareholder has …