Moneybags

END OF THE ROAD FOR PETRONEFT INVESTORS?

Date: October 22, 2020 - Moneybags

David Sturt

David Sturt


PETRONEFT HAS utterly failed to deliver. Having raised big bucks from investors in 2006 on the basis of impressive production projections and stated proven and possible reserves of 100 million barrels in a Russian oilfield, the company never came close to delivering on its promises. Producing oil economically has proved beyond it and with assorted… Read more »

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