

October 12, 2016
Quarterly Production Update
Oil production at Licence 61 in the third quarter of 2016.
Licence 61 Gross Production |
Q3-2016 |
Q2-2016 |
Q1-2016 |
Q1-Q3 2016 |
Q1-Q3 2015 |
Total gross production |
305,126 |
223,877 |
206,816 |
735,819 |
519,785 |
Gross bopd |
3,317 |
2,460 |
2,273 |
2,685 |
1,904 |
PetroNeft 50% share bopd |
1,658 |
1,230 |
1,136 |
1,343 |
952 |
September 28, 2016
2016 Interim 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 report its results for the 6 months ended 30 June 2016.
Highlights
• Current gross production from Licence 61 is about 3,200 bopd.
• Represents a 39% increase in production in 2016.
• New wells drilled at South Arbuzovskoye during period drove production growth.
August 31, 2016
Sibkrayevskoye Well S-374 - Vertical Delineation Well
· Two tight sandstone reservoirs encountered in the J1-2 interval
· Well tested water with no hydrocarbons present
Well will be plugged and abandonedJuly 21, 2016
Highlights
Fourth successful well drilled at South Arbuzovskoye
Further increases to record production levels
Production
· Current gross production from Licence 61 increased to about 3,700 bopd (1,850 bopd net to PetroNeft)
· Increase due to new A-216 well at Arbuzovskoye
This is a new record high production for the Licence area, improving further the levels reported at the beginning of the monthJuly 5, 2016
Highlights
Third successful well drilled at South Arbuzovskoye
Fourth well added as follow-up
Record production achieved
Production
· Current gross production from Licence 61 increased to about 3,500 bopd (1,750 bopd net to PetroNeft).
· Increase due to three strongly performing new wells at Arbuzovskoye.
· This is the all-time record high production for the Licence area.
June 23, 2016
Highlights
· Gross production 737,655 barrels of oil from Licence 61 in 2015
o Average gross production of 2,021 bopd
o Current gross production about 3,000 bopd
· 11 Wells drilled in 2015
· 1,000 km of 2D seismic acquired at Licence 61 in 2015
· 65.5 mmbbls total 2P reserves net to PetroNeft
Outlook
· Further production increases likely from South Arbuzovskoye
· Drilling at Sibkrayevskoye No. 374 due to commence in July 2016 – potential for material increase in reserves
Active, fully funded work programme planned at Licence 61 in 2016 and 2017June 2, 2016
Production
· Current gross production from Licence 61 is about 3,000 bopd (1,500 bopd net to PetroNeft).
Arbuzovskoye Well A-214 Horizontal Production
· Successful drilling of 1,000 m horizontal section with bottom hole at 4,008 m MD.
· Evaluation of pipe conveyed logs indicate 931 m of horizontal section is net pay.
· Current rate of production is 800 bopd with less than 5% water.
April 25, 2016
April 18, 2016
April 5, 2016
The ISS report supports the view of the Board set out in the EGM Circular dated 18 March 2016 that Shareholders should vote AGAINST ALL the resolutions.
March 23, 2016
March 21, 2016
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 announce that it has reached agreement with Oil India, its partner on license 61, for a budget and major work programme for 2016 and 2017.
March 21, 2016
January 7, 2016