Eurasia Journal News

Roxi Petroleum: Deep Well A6 – Gross Oil-Bearing Intervals Totalling 127m Have Been Identified

  Roxi is pleased to update the market with news of Deep Well A6 and Shallow well 142. Background Roxi has a 58.41% interest in the BNG Contract Area, which is located in the west of Kazakhstan 40 kilometers southeast of Tengiz on the edge of the Mangistau Oblast, covering …

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Eurasia Journal News

Roxi Petroleum: Success of Well 141 Indicates Good Potential for the MJF Structure

Roxi, the Central Asian oil and gas company, with a focus on Kazakhstan, is pleased to update the market with news of its BNG operations and MJF Structure. Introduction Roxi is pleased to update the market with news of its initial testing at Shallow Well 141 and the preparatory work …

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Eurasia Journal News

Roxi Petroleum: Well 143 Producing at 623 bopd – Deep Well A5 Still Encountering Some Heavy Fluid Issues

Roxi, the Central Asian oil and gas company with a focus on Kazakhstan, is pleased to update the market with news of its flagship BNG asset. Shallow Wells Recent activity at our shallow wells has been focused on Well 143, which is currently producing at the rate of 623 bopd …

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Eurasia Journal News

Roxi Petroleum: Heavy Drilling Fluid Issues Being Resolved, High Quality Oil Being Produced

Roxi, the Central Asian oil and gas company with a focus on Kazakhstan, is pleased to update the market with progress at its flagship asset BNG as follows: Shallow Wells Well 143 Well 143, which was the first of the shallow wells for 2013, was spudded on 1 April 2013, …

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Eurasia Journal News

Roxi Petroleum: Heavy Drilling Muds Preventing Natural Oil Flows at Deep Well A5

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. Deep Wells Deep Well A5 As previously announced Deep Well A5 was drilled to a depth of 4,442 meters. Unrecovered drilling …

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Eurasia Journal News

Roxi Petroleum: Galaz Money Received – BNG Deep Well 801 – Potential 100m Oil Bearing Interval

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 on the collection of the outstanding sales proceeds from Galaz. Deep Well 801 Deep Well 801 was spudded on 15 …

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Eurasia Journal News

Roxi Petroleum: Well 143 – "Optimism Well Founded"

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. Shallow Wells Well 143 Roxi is pleased to announce a new discovery at the MJ-F structure located towards the North of …

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Eurasia Journal News

Roxi Petroleum: Well 143 – “Optimism Well Founded”

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. Shallow Wells Well 143 Roxi is pleased to announce a new discovery at the MJ-F structure located towards the North of …

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Eurasia Journal News

Roxi Petroleum: Sidetracking Round Stuck Pipe at Deep Well A5

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. Deep Wells Deep Well A5 The well was spudded in July 2013 and drilled to a total depth of 4,442 meters …

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Eurasia Journal News

Tethys Petroleum: AGR Energy Takes US$47.7m Private Placement Plus Offers US$5m Loan

Tethys Petroleum Limited is pleased to announce that it has signed an agreement for a US$47.7 million(1) private placement of 318,003,951 new ordinary shares at a price of C$0.19(2) per ordinary share (the “Placing”) with AGR Energy Holdings Limited (“AGR Energy Holdings”). In connection with the Placing, the Company has …

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