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PetroNeft Resources significant progress during the first half of 2021 with increased production directorstalkinterviews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from directorstalkinterviews.com Daily Mail and Mail on Sunday newspapers.
PetroNeft Resources Q&A: Good pricing environment, good operational performance & increased production (LON:PTR) directorstalkinterviews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from directorstalkinterviews.com Daily Mail and Mail on Sunday newspapers.
Russia: PetroNeft provides financing update 17 Feb 2021 AIM-listed PetroNeft, an oil & gas exploration and production company, operating in the Tomsk Oblast, Russian Federation, and 50% owner and operator of Licences 61 and 67, has provided a financing update. Highlights Loan facility PetroNeft has entered into a convertible loan facility of US$2.9 million with a group of thirteen lenders that matures in March 2023. The loan facility will be used for general corporate and ongoing operational purposes and carries an interest rate of 8% above the base rate of the Bank of England. Lenders can elect at any time to convert up to 75% of the outstanding loan to shares at a conversion price of stg£0.02 in year 1 and stg£0.025 in year 2. ....
Investegate |Petroneft Resources Announcements | Petroneft Resources: $2.9m Convertible Loan Facility investegate.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from investegate.co.uk Daily Mail and Mail on Sunday newspapers.