New Oil Field discovery at Arbuzovskaya

PetroNeft Resources plc (AIM: PTR), the owner and operator of Licences 61 and 67, Tomsk Oblast, Russian Federation, is pleased to announce the discovery of a new oil field at Arbuzovskaya in Licence 61.
Highlights:
-Arbuzovskaya No. 1 well discovers oil in main Upper Jurassic target 
-Approximately five metres of net oil pay in J1 interval 
-Open hole inflow test of 289 bopd (unstimulated) 
-Drilling continuing with secondary targets of Middle and Lower Jurassic 
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Source: European Investor