REG - Petroneft Resources - Statement on Media Speculation

Petroneft ResourcesAnnouncement

12/07/2018 15:15

RNS Number : 5017U
Petroneft Resources PLC
12 July 2018
 


 
12 July 2018
 
PetroNeft Resources plc
("PetroNeft" or the "Group" or the "Company")
 
Statement on Media Speculation
 
PetroNeft (AIM: PTR), notes the speculation in media regarding the potential disposal of Licence 61.  The Company is examining a number of options in relation to maximising shareholder value.   This process is at a very early stage and there is no certainty that any transaction will be completed.  Further announcements will be made in the event of a material development.
 
ENDS
 
For further information, please contact:



Dennis Francis, CEO, PetroNeft Resources plc   


+1 713 988 2500




Paul Dowling, CFO, PetroNeft Resources plc     


+353 1 647 0280




John Frain/Brian Garrahy, Davy (NOMAD and Joint Broker)                         


+353 1 679 6363




Henry Fitzgerald-O'Connor, Canaccord Genuity Limited (Joint Broker)  


+44 207 523 8000




Joe Heron / Douglas Keatinge, Murray


+353 1 498 0300



 
PetroNeft is an oil and gas exploration and production company, operating in the Tomsk Oblast, Russian Federation, and 50% owner and operator of Licences 61 and 67.




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.
 
END
 
 
SPCUURSRWBABAAR