Central processing facility at night Picture 7 Picture 4

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.

March 2, 2021

Completion of fracking program and initial results

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 operational successes.

  • Hydraulic fracture stimulation program of wells on both the Sibkrayevskoye and the Lineynoye fields successfully completed. 

  • Initial results from the wells are very encouraging, leading to production increases and opening the door to potential further developments.

February 22, 2021

Retirement of Chairman and Appointment of Alastair McBain as Non-Executive Chairman

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, announces that David Golder has, after 15 years’ service to the company, decided to retire from the Board with immediate effect.

The Board has unanimously elected Alastair McBain, who joined the board on 29th January 2021, as Non-Executive Chairman of the Company.

February 19, 2021

EGM Result and Notification of EGM for convertible loan

PetroNeft Resources PLC EGM Result

And

Notification of EGM in connection with Convertible Debt Funding.

Dublin 19 February 2021: PetroNeft Resourced PLC ("PetroNeft Resources " or the "Company") an international oil and gas exploration and production company focused in Russia, is pleased to announce that all Resolutions were duly passed without amendment at the Company's EGM held at 11.00 am today, 19 February 2021. 

All resolutions as set out in the Notice of EGM were voted on by way of a poll and the results were as follows:

 

In Favour

(including discretionary)

     Against

Vote Total as % of Issued Share Capital

    Withheld*

Resolution

Votes

%

Votes

%

%

Votes

1

466,656,816

100

56,000

0

55.6

111,382

2

466,656,816

100

56,000

0

55.6

111,382

3

466,656,816

100

56,000

0

55.6

111,382

*A vote withheld is not a vote in law and is therefore not counted towards the proportion of votes "in favour" or "against" the Resolution.

The full wording of the resolutions can be found by clicking on the following link:

http://petroneft.com/upload/information/notices/

An EGM Circular and Notice of EGM has been posted to Shareholders on 18 February 2021 and being made available for review on www.petroneft.com. The EGM will be held at the Company’s registered office, 20 Holles Street, Dublin 2, Ireland at 11.00 am on Friday 12 March 2021.