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 Books Big Reserve Increase
PetroNeft Resources plc owner and operator of Licences 61 and 67, Tomsk Oblast, Russian Federation, is pleased to provide an update on its operations. Highlights: · PetroNeft’s 2P reserves increase 36% to 131.7 mmbbls o Sibkrayevskoye 49.83 mmbbls · PetroNeft’s proved reserves (P1) increase 50% to 20.03 mmbbls o Lineynoye …