Picture 6 Picture 4 Well heads at Lineynoye

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.

September 29, 2017

H1 2017 Interim Results

Highlights

•         Gross production from Licence 61 in H1 2017 was 2,347 bopd (1,174 bopd net to PetroNeft).

•         Testing of S-375s well continuing

o    Inflow rate of 15 m3/day (94 bopd) achieved

o    Testing will continue for several weeks

    • Electric submersible pump to be installed
Click here for Interim Financial Statements

September 5, 2017

Operations Update – Drilling of S-375 well completed

Highlights
· S 375 delineation well and S-375s sidetrack well contain 4.8 m and 14.8 m respectively of net oil pay based on log and core data
· Testing contractor being mobilised to field with results expected by end September
· Reserve calculation and Development Plan being updated

July 28, 2017

Q2 2017 Production Data

PetroNeft provides an update on oil production at Licence 61 in the second quarter of 2017. 

Licence 61 Gross Production

Q2-2017

Q1-2017

Q4-2016

Q3-2016

Q2-2016

FY 2016

FY 2015

Total gross production

200,208

224,604

255,068

305,126

223,877

990,887

737,655

Gross bopd

2,200

2,496

2,772

3,317

2,460

2,707

2,021

PetroNeft 50% share bopd

1,100

1,248

1,386

1,658

1,230

1,354

1,010