Eurasia Journal News

Petrosibir: Operational Summary 2018

As the end of 2018 is approaching Petrosibir would like to briefly summarize the efforts during the year. In the spring of 2018 the drilling campaign that commenced in 2017 was finalised in Komi with encouraging results. The campaign included drilling of six new wells and subsequent fraccing. The flow …

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Eurasia Journal News

Petrosibir: A New Oil Field Discovery within the Aysky Exploration Block in Bashkiria

Petrosibir is pleased to announce that the Company has successfully re-entered an old Soviet well #141 within the the Aysky exploration licence in Bashkiria. The Aysky licence was issued in September 2009 and will expire in December 2020. This licence block is adjacent to the north-eastern border of the Ayazvskoye …

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Eurasia Journal News

Petrosibir: Hydrocarbons Encountered at Well 9 Ayazovskoye – Conducting Well Test

As previously announced Petrosibir commenced drilling well #9 on Ayazovskoye in Bashkiria in August. The new well is located approximately 400 meter north of the successful well #12. A target depth of 2,596 meters has been reached and the well has now been completed and oil has been found. Petrosibir …

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Eurasia Journal News

Petrosibir: Q1 Results

Starting 2016 Petrosibir publish so called interim management statements per 31 March and 30 September instead of quarterly interim reports prepared in accordance with IAS 34. Petrosibir will continue to publish half yearly interim reports prepared in accordance with IAS 34.The consolidated financial information in this statement has been prepared …

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