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PetroNeft Resources PLC - Tomsk Oblast-focused oil & gas firm - Says reservoir stimulation programme at Tungolsky Licence 61 has been completed on schedule and within budget. It says the work provides an incremental production uplift of about 200 barrels of oil per day. The company continues to focus on maximising export volumes.
PetroNeft also receives an extension of up to three months to publish its financial results for 2021 due to the continued impact of Covid-19.
Current stock price: down 3.3% at 1.16 pence each on Thursday morning in London
12-month change: down 60%
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