PetroNeft says Russian field still “significant” after well comes up dry
PetroNeft said its Sibkrayevskoye Well S-374 in Russia will be plugged and abandoned after the well came up dry.
PetroNeft
Petroneft achieves record production
Petroneft has achieved record production after completing its three well initial development programme on the southern extension of Arbuzovskoye in Licence 61.
Petroneft revenue plummets as production struggles
Petroneft Resources has posted a pre-tax loss for 2015 of $7.7million after its work programme delivered only a small rise in production.
PetroNeft reaches compromise with activist investor
PetroNeft Resources has reached an agreement with activist investor Natlata Partners to appoint its chosen non-executive directors to the board, including controlling shareholder Maxim Korobov.
Petroneft considers EGM as shareholder attempts major board shakeup
Petroneft’s shareholder, General Invest Overseas, has issued a proposal calling for an Extraordinary General Meeting (EGM).
Shareholder squashes PetroNeft’s restriction plans
PetroNeft's plans to restrict one of its shareholders have been squashed after the firm issued a swift response.
PetroNeft confirms restriction notice on investors
PetroNeft, the Russian-focused Irish oil producer, has confirmed it issued restriction notices on the activist investor planning to oust several directors of the firm.
PetroNeft row with activist investor escalates
The boardroom battle between PetroNeft and activist investor Natlata Partners continues, with the Irish-registered company issuing a restriction notice preventing Natlata attending its EGM in Dublin later this month.
PetroNeft investor claims board has “squandered” $250million
The activist shareholder attempting to oust the majority of PetroNeft Resources board has it of squandering almost $250million.
Petroneft ramps up production in Russia
Petroneft has improved 2015 production at its operations in Tomsk Oblast, Russia by 41%.
PetroNeft heralds “transformative year”
PetroNeft has heralded its “transformative year” in the wake its of Oil India farmout deal. The firm, which owns and operates licences 61 and 67 in the Russian basin, confirmed plans to move ahead with production in its latest company results.