Roxi Petroleum: Deep Well A5 – Unblocked and On 30 Day Well Test
Roxi, the Central Asian oil and gas company with a focus on Kazakhstan, is pleased to further update the market with news of progress at its flagship BNG together with updates on the Sale of Galaz and the proposed BOCO investment. Deep Wells Deep Well A5 The well was spudded …
Roxi Petroleum: Galaz Sale to Fund BNG Development
Further to the announcement of 10 February 2015, Roxi, the Central Asian oil and gas company with a focus on Kazakhstan, is pleased to announce that the sale of the Company’s equity and debt interests in the Galaz Contract Area to a consortium led by Xinjiang Zhundong Petroleum Technology Co, …
Roxi Petroleum: Deep Well A5 Blockage Slowly Being Freed
Roxi, the Central Asian oil and gas company with a focus on Kazakhstan, is pleased to further update the market with news of progress at its flagship BNG asset. BNG Operational Update The BNG Contract Area is located in the west of Kazakhstan, 40 kilometers southeast of Tengiz on the …
Roxi Petroleum: BOCO Take $20m usd Subscription
Roxi, the Central Asian oil and gas company with a focus on Kazakhstan, is pleased to announce it has entered into a subscription agreement to raise $20m at above the current market price. The Company has entered into a Subscription Agreement with BOCO (H.K.) Limited, (“BOCO”),whereby BOCO will subscribe for …
Roxi Petroleum: Galaz Sale Due April 30th, Cheap Fixes on Well A5 Proving Costly
Roxi, the Central Asian oil and gas company with a focus on Kazakhstan, is pleased to further update the market with news of progress at its flagship BNG asset and progress on the completion of the sale of Galaz. BNG Operational Update The BNG Contract Area is located in the …
Roxi Petroleum: Well A5 – Mainly Cleared, Well 143 Appears Commercial
Roxi, the Central Asian oil and gas company with a focus on Kazakhstan, is pleased to further update the market with news of progress at its flagship BNG asset. Background The BNG Contract Area is located in the west of Kazakhstan 40 kilometers southeast of Tengiz on the edge of …
Roxi: Takes Further $1m from Equity Fund
Roxi, the Central Asian oil and gas company with a focus on Kazakhstan, is pleased to update the market with news it has called down a further $1.0 million from the $40 million equity facility announced in January 2013 with Mr Satylganov, a Director of the Company. This brings the total …
Roxi Petroleum: A5 on 30 Day Well Test Despite Set Backs
Roxi, the Central Asian oil and gas company with a focus on Kazakhstan, is pleased to further update the market with news of progress at its BNG asset, and in particular progress at its Deep Well A5. Background The BNG Contract Area is located in the west of Kazakhstan 40 …
Roxi Petroleum: Sells Galaz Contact Area for $20.72m
Roxi, the Central Asian oil and gas company with a focus on Kazakhstan, is pleased to announce the conditional sale of the Company’s equity and debt interests in the Galaz Contract Area, the second of the Company’s principal assets, for net proceeds of $20.72 million after estimates of associated taxes. …
Roxi Petroleum: Xinjiang Zhundong Petroleum Technology Looking To Acquire the Galaz Contract Area for $100m usd
Roxi, the Central Asian oil and gas company with a focus on Kazakhstan, is pleased to update the market with news of the Galaz Contract Area in which it holds an interest of 34.22 per cent. Roxi notes the announcement made by Xinjiang Zhundong Petroleum Technology Co., a Company listed …