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PetroNeft secures $27.5m in funding

Irish oil & gas firm PetroNeft Resources has secured funding of $27.5m at its EGM to enable the company begin full production in the second quarter of 2010.

PetroNeft secures $27.5m in funding

Thu, 15 Oct, 2009 - 17:13

Irish oil & gas firm PetroNeft Resources has secured funding of $27.5m at its EGM to enable the company begin full production in the second quarter of 2010.

The funding is subject only to admission of the second tranche placing shares to trading on AIM and IEX.

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