LONDON (Alliance News) - PetroNeft Resources PLC on Tuesday said its net share of production from licence 61 in Russia during 2016 rose by 34% to 1,354 barrels per day from 1,010 barrels daily in 2015.
PetroNeft, which also produces from licence 67 in the country, said total gross production per day from licence 61 was 2,707 barrels versus 2,021 barrels a year earlier.
The London-listed company's net share of daily production from licence 61 in the first quarter averaged 1,136 barrels, 1,230 barrels in the second, 1,658 barrels in the third and 1,386 barrels daily in the final three months of 2016.
PetroNeft said it will publish production figures for the first quarter of 2017 during April.
PetroNeft shares were untraded on Tuesday, last trading at 2.45 pence.
By Joshua Warner; joshuawarner@alliancenews.com; @JoshAlliance
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