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 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 |
July 20, 2017
Operations Update – Drilling of S-375 well commenced
PetroNeft (AIM: PTR) is pleased to announce that it has commenced drilling the S-375 delineation well at Sibkrayevskoye. It is expected to take up to eight weeks to drill and test the well. The S-375 well is being drilled on the northern structural lobe of the field approximately 2km south of existing wells that contained about 10m of net pay.
June 30, 2017
Final Results 2016
Highlights
• Significant success in horizontal drilling at South Arbuzovskoye although result of the 10km step-out S-374 well on Sibkrayevskoye was disappointing
• Gross production from Licence 61 increased 35% compared to 2015:
• Significant success in horizontal drilling at South Arbuzovskoye although result of the 10km step-out S-374 well on Sibkrayevskoye was disappointing
• Gross production from Licence 61 increased 35% compared to 2015:
o Gross production 990,931 barrels of oil• 65.0 mmbbls total proved and probable (2P) reserves net to PetroNeft
o Average gross production of 2,707 bopd (2015: 2,021 bopd)
o Net to PetroNeft 1,353 bopd (2015: 1,010 bopd)
