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PetroNeft Resources plc

Wednesday, 17 January 2018

ByrneWallace advised Petroneft Resources plc in connection with a facility advanced by Petrogrand AB, a Swedish oil company active in the Russian market through investments in the Russian oil sector.

The financing was for general corporate purposes and to finance a potential drilling programme in 2018. Petroneft Resources plc is an international oil and gas exploration and production company focused on opportunities in Russia. The company's shares are listed on the London AIM and Dublin ESM Markets.

The ByrneWallace team who advised on this transaction included Elizabeth Ryan, Partner, Banking and Finance.