PetroNeft agrees deal to acquire additional interest in Russian gas well

Ireland's PetroNeft, which operates in the Tomsk Oblast, Russia, has executed a Sales Purchase Agreement with Belgrave Naftogas to acquire an additional 40% interest in Licence 67 for $2.9 million.The deal involves the issuance of 80,000,000 PetroNeft ordinary shares to Belgrave Naftogas...