PetroNeft Resources completes Cheremshanskoye road ahead of schedule; 'good performance' at C-4 well | 26 April 2021
26 April 2021 | 14:59pm StockMarketWire.com - Russia-focused oil and gas company PetroNeft Resources has reported that the 6.5km Cheremshanskoye road has been completed ahead of schedule and within budget, and that it was already being used to export oil from the C-4 well. The company said that the well is 'flowing naturally' at approximately 300 bopd without any decline and that more than 16,000 bbls of oil has been produced to date. It added: 'Due to the strong performance of the well we are looking at options to further increase production from the well.' PetroNeft Resources also announced...
Source: stockmarketwire.com