Brief: Petroneft Says Independent Committee Remains In Talks On Binding Offer For Co's Russian Assets

Petroneft Resources

17/03/2023 14:33

March 17 (Reuters) - Petroneft Resources PLC  PTR.I :
    * PETRONEFT RESOURCES  - COMPANY UPDATE
    * PETRONEFT RESOURCES - INDEPENDENT COMMITTEE REMAINS IN
TALKS
WITH CEO OF CO , WHICH MAY OR MAY NOT LEAD TO A BINDING OFFER
FOR CO'S RUSSIAN ASSETS
    * PETRONEFT RESOURCES PLC - COMPANY IS ALSO IN DISCUSSIONS
WITH
ALL ITS MAIN DEBT HOLDERS
    * PETRONEFT RESOURCES PLC - BELIEVES GROUNDS TO FURTHER
REDUCE
CLAIMED AMOUNT IN NORD IMPERIAL CLAIM AND IS NOW PREPARING
APPLICATION TO COURT OF APPEAL
    * PETRONEFT RESOURCES  - INABILITY TO TRANSPORT OIL OUT OF
LICENCE
61 AND WITH COURT RULING IS INCREASINGLY LEADING TO CHALLENGING
FUTURE FOR STIMUL-T

Source text for Eikon:  ID:nRSQ3986Ta 
Further company coverage:  PTR.I 

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