PetroNeft Resources said today its production schedule in Russia is on track as it aims to start year-round output from Licence 61, in Russia's Tomsk region, in the third quarter of the year. The company's Tomsk Oblast licence holds four known oilfields - Lineynoye, Tungolskoye, West Lineynoye and Korchegskaya.
In an interim management statement, released today, PetroNeft said a production pipeline is nearing completion and the drilling of nine production wells is ahead of schedule. Petroneft also plans to resume exploration work once year-round production is on stream.
