StockMarketWire.com - PetroNeft (PTR) reported current gross production from Licence 61 increased to 3,700 bopd (1,850 bopd net).

The increase was due to the new A-216 well at Arbuzovskoye. This was a new record high production for the licence area.

At the Arbuzovskoye well A-216, two sandstone reservoirs with net pay of 11.4 m were identified.

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Quadrise Fuels International (QFI) announced that non-executive director Dr Ian Duckels would be retiring immediately after the 2016 AGM to be held during the last quarter of the year.

Philip Snaith, who was appointed as a Non-Executive Director in 2014, will succeed Dr Duckels as chairman of the Remuneration Committee immediately after the AGM.


At 2:54pm:

[LON:AUR] Aurum Mining PLC share price was 0p at 1p

[LON:BOR] Borders Southern Petroleum PLC share price was +0.05p at 1.86p

[LON:CHAR] Chariot Oil Gas Ltd share price was +0.1p at 6.02p

[LON:ENQ] EnQuest Plc share price was -0.12p at 27.63p

[LON:GKP] Gulf Keystone Petroleum share price was -0.91p at 4.69p

[LON:GPX] Gulfsands Petroleum PLC share price was 0p at 3.13p

[LON:INDI] Indus Gas Ltd share price was +2.75p at 252.75p

[LON:PET] Petrel Resources PLC share price was 0p at 7.25p

[LON:PTR] Petroneft Resources PLC share price was +0.2p at 2.48p

[LON:QFI] Quadrise Fuels International PLC share price was -0.25p at 10.5p

[LON:RKH] Rockhopper Exploration PLC share price was +0.13p at 32.13p

[LON:RPT] Regal Petroleum PLC share price was -0.01p at 3.87p

[LON:XEL] Xcite Energy Ltd share price was -0.12p at 7.76p



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