News


May 11, 2011

PetroNeft 2010 final results

PetroNeft Resources plc (“PetroNeft”, “the Company” or “the Group”), (AIM: PTR) owner and operator of Licences 61 and 67, Tomsk Oblast, Russian Federation, is pleased to report its preliminary results for the year ended 31 December 2010.

April 4, 2011

Operations Update

  • Update on Hydraulic Fraturing programme and production target.
  • Results of first two production wells in 2011 17 well campaign.
  • Update on 2011 5 well exploration programme.

March 10, 2011

Reserves, Operations and Financing Update

  • Group 2P reserves increase 36.8% to 96.9 mmbbls
  • Hydraulic fracturing programme nearing completion
  • Production drilling programme has commenced
  • Exploration drilling programme to commence in early April
  • New Loan facility agreed with Macquarie Bank

January 5, 2011

Operations Update

PetroNeft Resources plc (AIM: PTR) owner and operator of Licences 61 and 67, Tomsk Oblast, Russian Federation, is pleased to provide an update on its operations at Licence 61.

November 9, 2010

New Oil Field discovery at Arbuzovskaya

PetroNeft Resources plc (AIM: PTR), the owner and operator of Licences 61 and 67, Tomsk Oblast, Russian Federation, is pleased to announce the discovery of a new oil field at Arbuzovskaya in Licence 61.

October 26, 2010

EGM Circular

Further to the press release of 19 October 2010, the Circular to convene an EGM to approve the second tranche of the Placing was recently posted to Shareholders. The EGM will be held at 11.00 am on Monday 15 November 2010 at the Herbert Park Hotel, Ballsbridge, Dublin 4, Ireland.

October 19, 2010

US$43 million Placing

Gross proceeds of US$43 million raised at STG£0.43 per share in a substantially over subscribed placing with international institutional investors

September 20, 2010

Operations Update and Analyst Visit to Tomsk

PetroNeft announces that it is, from today, hosting a three day visit to the Company’s assets and operations in Tomsk for a group of sell-side oil & gas financial analysts. Prior to the start of this visit, PetroNeft is providing the following operational update on its Licences 67 and 61. No additional new information will be released during the visit.

September 9, 2010

2010 Interim Results

PetroNeft Resources plc (AIM: PTR) owner and operator of Licences 61 and 67, Tomsk Oblast, Russian Federation, is pleased to report its results for the 6 months ended 30 June 2010.

September 9, 2010

Board Appointment

Appointment of Gerard (Gerry) Fagan as an Independent Non-Executive Director of the Company.

August 24, 2010

Production Commences in Licence 61

  • Year-round production commenced on Licence 61 in Tomsk Oblast
  • Production of 4,000 bopd expected by end 2010
  • Seventh production well encounters thickest net oil pay to date

July 29, 2010

Operations update

Production expected to commence in late August 2010, drilling results from two production wells.

June 24, 2010

Director's Dealing

Mr. Thomas Hickey, a Non-Executive Director of the Company, has exercised options over 110,000 ordinary shares.

June 23, 2010

Operations update

Pipeline testing complete, fourth production well successfully drilled

June 8, 2010

Operations Update


June 2, 2010

Notice of AGM and posting of Annual Report

PetroNeft Resources plc (AIM: PTR), owner and operator of Licences 61 and 67, Tomsk Oblast, Russian Federation, announces that the Company's Annual Report and Accounts for the year ended 31 December 2009 and Notice of AGM have been distributed to shareholders and are available online.

May 28, 2010

US$30m Bank Facility signed with Macquarie

On 28 May 2010, PetroNeft signed a debt facility with Macquarie Bank Limited ("Macquarie") for up to US$30 million of which US$12 million is available immediately.

April 15, 2010

Operations Update