Petroneft progresses with licence 61 farm-out

15th Apr 2014 13:35

The legal documentation and due diligence required for the farm-out of a 50 per cent interest in licence 61 has been completed, PetroNeft reported on Tuesday. The AIM-listed oil and gas firm said it expects to sign binding legal agreements within the next week. The licence is located at Tomsk Oblast in the Russian Federation. The share price fell 1.72% to 5.38p by 11:55. NR

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Forgent (FORG)	0.016	-24.35%
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