PetroNeft Resources 2020 Annual General Meeting notice now available
PetroNeft Resources plc (LON:PTR) confirms that the Notice of the Company’s 2020 Annual General Meeting (AGM) has been posted to shareholders today. The 2020 AGM will be held at 11:00am in the Red Cow Inn, Naas Road, Dublin, D22RSP3, Ireland. The Notice is now available online at the Company’s website http://petroneft.com/investor-relations/investor-notices/ COVID-19 Shareholders are requested […]
PetroNeft Resources well positioned to benefit from future improvements in the market
PetroNeft Resources plc (LON:PTR) an oil & gas exploration and production company, operating in the Tomsk Oblast, Russian Federation, has reported its final results for the six months ended 30th June 2020. Highlights · Gross production from Licence 61 in H1 2020 1,566 bopd (783 bopd net to PetroNeft) · Completed construction of a 26 km pipeline […]
PetroNeft Resources mini refinery opens up new revenue stream (Interview)
PetroNeft Resources plc (LON:PTR) CEO David Sturt joins DirectorsTalk to discuss the testing of its mini oil refinery. David explains what this now means for the company, how it was completed without the use of any subcontractors, what is left to do before the company can take full advantage and what investors should be looking […]
PetroNeft Resources successful testing of mini oil refinery on Licence 61
PetroNeft Resources plc (LON: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, has announced the successful testing of the mini oil refinery on Licence 61 ahead of schedule. Highlights · Successful testing of mini refinery processing unit on Licence 61. […]
PetroNeft Resources significant technical, operational and financial progress in 2019
PetroNeft Resources plc (LON:PTR) an oil & gas exploration and production company, operating in the Tomsk Oblast, Russian Federation, has reported its final results for the year ended 31st December 2019. Highlights · Significant technical, operational and financial progress in 2019 driven by new leadership team and stronger local input. · Gross 2019 production 1,614bopd (1,955bopd 2018), rising […]
PetroNeft Resources 3000 acre L67, proven, well positioned and looking to produce year round (Interview)
PetroNeft Resources plc (LON:PTR) CEO David Sturt joins DirectorsTalk to discuss the financing update which provides up to $1M to finance infrastructure development on Licence 67. David explains the significance of this news, the future growth strategy for Licence 67 and why there seems to be an increased attention to Licence 67 since the successful […]
PetroNeft Resources can now establish year-round production from Licence 67
PetroNeft Resources plc (LON: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, has provided the following financing update: · Heads of Terms signed with Alexandrovskoye Oil Refinery (“AOR”) to provide up to $1M to finance infrastructure development on Licence 67 to […]
PetroNeft Resources year on year production increases at Licence 61
PetroNeft Resources plc (LON: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 has announced improved production. Highlights · Licence 61 Production up year on year by 7.8%, to 1,589 bbls/day July 2020, currently averaging 17% above July 2019 […]
PetroNeft Resources implemented a range of low-cost measures that led to some significant wins
PetroNeft Resources plc (LON: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, has provided the following extensive operations update covering the full year 2019 and Q1 2020. This information is being provided to update shareholders on operations while […]