Central processing facility at night Picture 5 Gas powered generators at Central processing facility

PetroNeft Resources plc is an international oil and gas exploration and
production company, focused on Russia. The company’s shares are
listed on the London AIM and Dublin ESM Markets.

December 21, 2024

Company Update

PetroNeft, an Irish public company previously involved in oil & gas exploration and production in the Tomsk region of the Russian Federation, announces the following board changes and business update:

Board Changes:

·       David Sturt (Executive Chairman) and Michael Power (Non-Executive Director) have resigned from the Board with immediate effect.

January 3, 2024

Board Changes

PetroNeft announces the following board changes:

  • Anthony Sacca and Eskil Jersing have submitted their notices to resign as Independent Non-Executive Directors of the board effective as of 4 January.
  • Michael Power FCA appointed to the Board as Non-Executive Director as of 4 January.

December 21, 2023

Company Update Dec 2023

PetroNeft provides the following update on the Company’s position:

Highlights

  • Awaiting final sanction from the authorities in Russia for the disposal of the Company’s Russian assets.
  •  The Company has been unable to appoint an auditor for the 2022 audit which will result in trading of the Company’s shares on the AIM and EuroNext Growth markets being cancelled on the 31st of December 2023.