Petro Neft looks forward to cold Siberian winter

The coming winter will be one of cold comfort for Dennis Francis, chief executive of IEX-listed oil exploration company PetroNeft. But the oil veteran from Texas is looking forward to it.

17th October, 2009

The coming winter will be one of cold comfort for Dennis Francis, chief executive of IEX-listed oil exploration company PetroNeft. But the oil veteran from Texas is looking forward to it.

The cold will come from Francis spending up to three weeks at a time in the Russian province of Siberia, where the local temperature will go as low as 40 degrees below zero.

The comfort, however, will come from the knowledge that PetroNeft (taking its...

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