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 …

READ MORE →
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 …

READ MORE →
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 …

READ MORE →
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 …

READ MORE →
Eurasia Journal News

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 …

READ MORE →
Eurasia Journal News

Petroneft: Sibkrayevskoye Naturally Flowing at 100 bopd

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 Sibkrayevskoye Sibkrayevskoye No. 373 appraisal well flows 100 bopd (stabilised, unstimulated natural flow) and confirms 11.5 m net oil pay. Flow rates …

READ MORE →
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 …

READ MORE →
Eurasia Journal News

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 …

READ MORE →
Eurasia Journal News

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 …

READ MORE →
Eurasia Journal News

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 …

READ MORE →