Petroneft Resources PLC Quarterly Production Update (6229D)
April 28 2017 - 1:00AM
UK Regulatory
TIDMPTR
RNS Number : 6229D
Petroneft Resources PLC
28 April 2017
28 April 2017
PetroNeft Resources plc
("PetroNeft" or the "Group" or the "Company")
Quarterly Production Update
PetroNeft (AIM: 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, provides an update on oil
production at Licence 61 in the first quarter of 2017.
Licence 61 Gross Q1-2017 Q4-2016 Q3-2016 Q2-2016 Q1-2016 FY 2016 FY 2015
Production
------------------------ -------- -------- -------- -------- -------- -------- --------
Total gross production 224,604 255,068 305,126 223,877 206,816 990,887 737,655
------------------------ -------- -------- -------- -------- -------- -------- --------
Gross bopd 2,496 2,772 3,317 2,460 2,273 2,707 2,021
------------------------ -------- -------- -------- -------- -------- -------- --------
PetroNeft 50%
share bopd 1,248 1,386 1,658 1,230 1,136 1,354 1,010
------------------------ -------- -------- -------- -------- -------- -------- --------
The production for the second quarter of 2017 will be announced
in July 2017.
For further information, contact:
Dennis Francis, CEO, PetroNeft Resources +1 713 988
plc 2500
Paul Dowling, CFO, PetroNeft Resources +353 1 647
plc 0280
John Frain/Brian Garrahy, Davy (NOMAD +353 1 679
and Joint Broker) 6363
Henry Fitzgerald-O'Connor, Canaccord +44 207
Genuity Limited (Joint Broker) 523 8000
Martin Jackson/Shabnam Bashir, Citigate +44 207
Dewe Rogerson 638 9571
+353 1 498
Joe Heron / Douglas Keatinge, Murray 0300
The information contained in this announcement has been reviewed
and verified by Mr. Dennis Francis, Director and Chief Executive
Officer of PetroNeft, for the purposes of the Guidance Note for
Mining and Oil & Gas Companies issued by the London Stock
Exchange in June 2009. Mr. Francis holds a B.S. Degree in
Geophysical Engineering and a M.S. Degree in Geology from the
Colorado School of Mines. He has also graduated from the Harvard
University Program for Management Development. He is a member of
the American Association of Petroleum Geologists and the Society of
Exploration Geophysicists. He has over 40 years' experience in oil
and gas exploration and development.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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