PetroNeft Resources plc (LON:PTR) CEO David Sturt joins DirectorsTalk Interviews to discuss the latest company update.

David explains the reasons for expanding from 2 wells last year, initially to 5 and now to 7 wells this year, the kind of returns expected, the scale of the Cheremshanskoye drilling tender, the benefit the all season road at Cheremshanskoye brings in terms of scale and with a ‘ramp up in operations’ what the forward program is going to look like and its timing.

PetroNeft Resources plc is an oil & gas exploration and production company, operating in the Tomsk Oblast, Russian Federation, Its 90% owner and operator of Licence 67 and 50% owner and operator of Licence 61.