The Irish oil company raises $ 85 million investment in the Tomsk region.

PetroNeft raised $ 85 million investment in the Tomsk region. The Irish company sells 50 % of Oil India to Russia's Stimul - T.

PetroNeft entered into an agreement on the transfer of 50% stake in the owned Tungolsk license area in the Alexander area of the Tomsk region to Oil India Limited for the exploration and production of oil. The total investment under the agreement is $ 85 million, including $ 35 million in the form of advance payment, $ 45 million - for the exploration and exploitation of the licensed area, $ 5 million - the award for performance. While PetroNeft remains the operator of the Tungolsk license area, NIA Tomsk reports.

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Oil and Gas, Metals and Mining, News from Russia and neighbouring countries
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