PetroNeft to recommence exploration programme

PetroNeft Resources has today announced that it has signed an Initial US$5m (€3.7m) debt facility with Macquarie Bank Limited.

PetroNeft to recommence exploration programme
Wed, 31 Mar, 2010 - 20:15

PetroNeft Resources has today announced that it has signed an Initial US$5m (€3.7m) debt facility with Macquarie Bank Limited.

The new facility will enable PetroNeft to recommence an exploration and delineation programme on Licence 61, western Siberia.

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CourtsBusinessHeathrowPlace: Western SiberiaPlace: Arbuzovskaya prospectPlace: Tomsk OblastPerson: CEOPerson: Dennis FrancisOrganisation: PetroNeftOrganisation: PetroNeft ResourcesOrganisation: Macquarie Bank LimitedOrganisation: Macquarie BankOrganisation: Irish Enterprise ExchangeOrganisation: IEXOrganisation: Irish Stock Exchange
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