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.
July 22, 2015
• T-503 horizontal well brought online at sustained rate of over 550 bopd.
• Latest test rate was 675 bopd.
• Processing and interpretation of 1,000 km of high quality 2D seismic underway.
• Early indications suggest that the Sibkrayevskoye structure is larger than previously understood.
June 30, 2015
June 23, 2015
· Licence 61 Farmout to Oil India Limited completed in July 2014.
· Total investment by Oil India will be up to US$85 million.
· Licence 61 Farmout has left the Company debt free and is funding a major well drilling campaign.
· Drilling recommenced in August 2014.
· Production 728,826 barrels of oil from Licence 61 in 2014.