Petroneft Resources Plc

Company Description

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PetroNeft Resources PLC is a public company registered in Ireland (Company number 408101). Its registered office address is PetroNeft Resources plc, 20 Holles Street, Dublin 2, Ireland. The Company was established to develop oil assets in the Tomsk Oblast in Western Siberia and was admitted to the London AIM and Dublin ESM Markets on 27th September 2006.

The company has two main assets , a 90% operating interest in a 2,477km2 oil and gas licence (Licence 67) and a 50% operated interest in a 4,991km2 oil and gas licence (Licence 61), both these licences are located within the Tomsk Oblast. These licences are located in the prolific Western Siberian Oil and Gas Basin. Licence 61 contains seven known oil fields, Lineynoye, Tungolskoye, Arbuzovskoye, Sibkrayevskoye, West Lineynoye, Kondrashevskoye and North Varyakhskoye and over 25 Prospects and Leads that are currently being explored. Licence 67 contains the Cheremshanskoye and Ledovoye oil fields and numerous prospects and leads.

Year founded

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2003

Served area

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Ireland + Russia

Shares outstanding

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1,250,000,000

IPO

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Oct. 6, 2006

Stock exchange(s)

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Euronext Dublin