Petroneft struggling with strategic review and hunt for auditor

11th May 2023 12:32

(Sharecast News) - Russia-focussed Petroneft Resources updated the market on its operations and ongoing strategic asset review on Thursday.

Read more

PetroNeft looks to sell Russian assets amid court process

17th Mar 2023 13:45

(Sharecast News) - Russia-focussed oil and gas explorer PetroNeft said in an update on Friday that it was in discussions over the potential sale of its Russian assets.

Read more

PetroNeft still negotiating over $2.48m loan facility redemption

16th Dec 2022 16:38

(Sharecast News) - Russia-focussed oil and gas explorer and producer PetroNeft updated the market on its debt financing on Friday.

Read more

PetroNeft agrees extension to convertible loan facility

7th Jan 2022 12:59

(Sharecast News) - Russia-focussed oil and gas explorer and producer PetroNeft updated the market on its financing on Friday, announcing an extension to the remaining balance on its convertible loan facility.

Read more

PetroNeft upbeat on production at Cheremshanskoye

8th Jun 2021 16:33

(Sharecast News) - Russia-focussed oil and gas exploration and production company PetroNeft updated the market on its operations on Tuesday, reporting that production from the Cheremshanskoye field had provided it with "strong" operational cash flows.

Read more

PetroNeft agrees new $2.9m loan facility

17th Feb 2021 15:23

(Sharecast News) - Russia-focussed oil and gas exploration and production company PetroNeft announced a new $2.9m convertible loan facility on Wednesday, providing greater headroom for it to develop value.

Read more

PetroNeft successfully tests mini refinery on licence 61

8th Oct 2020 15:39

(Sharecast News) - Russia-focussed oil and gas exploration and production company PetroNeft announced the successful testing of the mini oil refinery on licence 61 on Thursday, which it 50% owns and operates, ahead of schedule.

Read more

PetroNeft begins year-round production at Sibkrayevskoye field

1st Apr 2020 15:13

(Sharecast News) - Russia-focussed oil and gas exploration and production company PetroNeft Resources announced the start of year-round production from the Sibkrayevskoye field in licence 61 on Wednesday, following the connection of the field to the central processing facility.

Read more

PetroNeft successfully re-enters C-4 well at Cheremshanskoye

16th Mar 2020 09:05

(Sharecast News) - Russia-focussed oil and gas exploration and production company PetroNeft announced the successful re-entry of the C-4 well on the Cheremshanskoye field in licence 67 on Monday, and the start of oil sales for all oil produced from the licence.

Read more

PetroNeft gets to work on licences 61 and 67

17th Jan 2020 10:35

(Sharecast News) - Russia-focussed oil and gas exploration and production company PetroNeft, which is the 50% owner and operator of licences 61 and 67, announced on Friday that a contract had been awarded and construction started on a mini oil processing facility at licence 61, with completion due in 2020.

Read more

PetroNeft updates market on plans for licence 67

30th Oct 2019 15:39

(Sharecast News) - Oil and gas exploration and production company PetroNeft updated the market on its operational plan for licence 67 on Wednesday, reporting that it planned to bring Cheremshanskoye field into production during the first quarter of 2020.

Read more

PetroNeft confirms new reserves in Cheremshanskoye field

24th Apr 2019 15:58

(Sharecast News) - Russia-focussed oil and gas exploration and production company PetroNeft updated the market on its 50%-owned licence 67 on Wednesday, reporting that new reserves had been approved for the licence in the Cheremshanskoye field.

Read more

Petroneft Resources appoints Karl Johnson as chief executive

10th Jan 2019 08:40

(Sharecast News) - Oil and gas exploration outfit Petroneft Resources tapped non-executive director David Sturt as its next chief executive on Thursday, taking over from interim CEO Karl Johnson.

Read more

Petroneft comes up dry at Sibkrayevskoye, reports production decline

31st Aug 2016 15:27

(ShareCast News) - Petroneft saw production at one of its two licenses decline and reported that a major step out well had come up dry and would be plugged. Russia-focused Petroneft said gross production from License 61 in the Tomsk oblast region in central Russia was running at approximately 3,300

Read more

PetroNeft avoids shareholder dispute with board restructure

25th Apr 2016 12:08

(ShareCast News) - Russia-focused oil and gas exploration and production company PetroNeft Resources managed to avoid a particularly fraught shareholder meeting on Monday, reaching agreement with its largest shareholder Natlata Partners to restructure its board. The AIM-traded company confirmed that

Read more