LONDON (Alliance News) - PetroNeft Resources PLC said Thursday that it had inked a farmout agreement with Oil India Ltd for a 50% interest in its Licence 61 at Tomsk Oblast, Russia. Oil India Ltd will invest USD85 million, including a USD35 million upfront cash payment, USD45 million in exp Read More

PetroNeft Resources Updates On Licence 61 Farm-Out

15th Apr 2014 09:32

LONDON (Alliance News) - PetroNeft Resources PLC Tuesday said it expects to execute binding legal agreements within the next week for its its 50% interest in Licence 61 after completing all legal documentation and due diligence. The gas concession is located in the Tomsk Oblast in the Weste Read More

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