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George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’
George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’View Video
Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America
Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin AmericaView Video

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IN BRIEF: PetroNeft appoints reserves auditor ahead of new report

Tue, 29th Jun 2021 17:38

PetroNeft Resources PLC - Part-owner and operator of two licences in the west Siberian oil basin - Says Miller & Lents awarded deal to independently audit the company's reserves and resources. Says new reserve/resource report due to be published before end of third quarter. "M&L have over 25 years of extensive experience working in Russia on evaluating assets for a variety of International and Russian companies operating within the West Siberian basin, and have particular knowledge and experience of oil and gas assets in the Tomsk oblast," PetroNeft says.

Current stock price: 3.62 pence

Year-to-date change: up sharply from 0.65p

By Eric Cunha; ericcunha@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

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IN BRIEF: Petroneft Resources converts USD156,000 of debt in shares

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