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  5. Statement on Media Speculation

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Statement on Media Speculation

12 Jul 2018 15:15

RNS Number : 5017U
Petroneft Resources PLC
12 July 2018
 

 

12 July 2018

 

PetroNeft Resources plc

("PetroNeft" or the "Group" or the "Company")

 

Statement on Media Speculation

 

PetroNeft (AIM: PTR), notes the speculation in media regarding the potential disposal of Licence 61. The Company is examining a number of options in relation to maximising shareholder value. This process is at a very early stage and there is no certainty that any transaction will be completed. Further announcements will be made in the event of a material development.

 

ENDS

 

For further information, please contact:

Dennis Francis, CEO, PetroNeft Resources plc

+1 713 988 2500

Paul Dowling, CFO, PetroNeft Resources plc

+353 1 647 0280

John Frain/Brian Garrahy, Davy (NOMAD and Joint Broker)

+353 1 679 6363

Henry Fitzgerald-O'Connor, Canaccord Genuity Limited (Joint Broker)

+44 207 523 8000

Joe Heron / Douglas Keatinge, Murray

+353 1 498 0300

 

PetroNeft is an oil and gas exploration and production company, operating in the Tomsk Oblast, Russian Federation, and 50% owner and operator of Licences 61 and 67.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
END
 
 
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10th Apr 201912:49 pmRNSDirector/PDMR Shareholding
9th Apr 20197:00 amRNSInitial thoughts from New CEO
21st Mar 20197:00 amRNSFinancing Update
25th Jan 20197:00 amRNSManagement Change
10th Jan 20197:00 amRNSSelection of New CEO
2nd Jan 20198:38 amRNSFinancing Update
20th Nov 20187:00 amRNSBoard Change
8th Nov 20187:00 amRNSDrilling Update
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26th Apr 20187:00 amRNSPetroNeft Quarterly Production Update
22nd Mar 20187:00 amRNSUpdate on 2018 Work Programme
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25th Jan 20187:00 amRNSQuarterly Production Update
17th Jan 20187:00 amRNSFinancing Update
2nd Jan 20187:00 amRNSHolding(s) in Company
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