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PTR.GB PetroNeft Resources Plc

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Share Name Share Symbol Market Type Share ISIN Share Description
PetroNeft Resources Plc AQSE:PTR.GB Aquis Stock Exchange Ordinary Share IE00B0Q82B24
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.0% 0.075 0.00 -
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
- - - -

Petroneft Resources PLC Debt Financing Update (9054J)

16/12/2022 7:00am

UK Regulatory (RNS & others)

PetroNeft Resources (AQSE:PTR.GB)
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From Sep 2022 to Sep 2023

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RNS Number : 9054J

Petroneft Resources PLC

16 December 2022

PetroNeft Resources plc

16 December 2022

PetroNeft Resources plc ('PetroNeft' or 'the Company')


PetroNeft (AIM: PTR) an oil & gas exploration and production company, operating in the Tomsk Oblast, Russian Federation, and 90% owner and operator of Licence 67 and 50% owner and operator of Licence 61 provides the following financing update.

Petrogrand Loan facility

The Company continues to be in negotiations with Petrogrand AB ("Petrogrand") regarding its loan facility, with a current redemption value of US$2.48 million and which matured on Thursday 15 December 2022. We cannot predict the outcome of these negotiations and the Company will make further announcements in due course.

Moreover, the directors of the Company continue to review strategic options available to PetroNeft and are considering all viable options within the context of the current geopolitical environment to maximise value for shareholders.

For further information, contact:

 Pavel Tetyakov, CEO, PetroNeft Resources plc      +353 1 6470280 
 Brian Garrahy/Ciara O'Mongain, Davy (NOMAD and    +353 1 679 
  Corporate Broker)                                 6363 
                                                   +353 1 498 
 Paul O'Kane Murray Consultants                     0300 

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.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.



(END) Dow Jones Newswires

December 16, 2022 02:00 ET (07:00 GMT)

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