Roxi Petroleum: First Payments of the $40 million Equity Investment and a New CFO
Further to the announcement of Tuesday 15 January 2013, concerning the agreement in relation to the equity investment of $40 million, Roxi is pleased to announce that the first $10 million payable under the subscription agreement has been received and that 83,791,429 new Roxi shares will be issued to Mr. …
Roxi Petroleum: Raises $40m USD in New Investment from Kairat Satylganov
Roxi Petroleum plc, the Central Asian oil and gas company with a focus on Kazakhstan, is pleased to announce that it has entered into an agreement to raise $40 million from the issue of new Roxi shares. Mr. Kairat Alpamysovich Satylganov, a Kazakh investor, has agreed to subscribe for 355,165,716 …
Roxi Petroleum: Update on BNG / KNOC Farm-out
Roxi Petroleum plc, the Central Asian oil and gas company with a focus on Kazakhstan, announces that it has been informed by KNOC that KNOC has decided not to complete the previously announced farm-in to BNG. All material regulatory consents had been received to allow the BNG farm-in to proceed …
Roxi Petroleum plc: Update on BNG / KNOC farm-out
Roxi Petroleum plc, the Central Asian oil and gas company with a focus on Kazakhstan, is pleased to announce that representatives from the existing participants in the BNG licence and KNOC have agreed well locations and secured a rig to commence drilling in December 2012. Well locations The main focus …
Roxi Petroleum: NK7 Flows Up To 620 bopd
Roxi Petroleum, the Central Asian oil and gas company with a focus on Kazakhstan, is pleased to make the following operational update with respect to its Galaz asset. NK7 Further to the announcement of 27th June 2012, Roxi is pleased to provide the following additional information. On 26 June 2012, …
Roxi Petroleum: Galaz Update
Roxi, the Central Asian oil and gas company with a focus on Kazakhstan, is pleased to make the following operational update with respect to its Galaz asset. NK14 Well NK14 was spudded on 25 June 2012. The well is an appraisal well intended to evaluate the main reservoir, at the …
Roxi Petroleum: Operational update
Roxi, the Central Asian oil and gas company with a focus on Kazakhstan, is pleased to update the market with operational progress at its Galaz Contract Area. Well NK7, which was spudded on 25 April 2012, reached a total depth of 1,360 metres on 15 May 2012, after which wireline …
Roxi Petroleum: 2011 Year Review
Roxi Petroleum plc, the Central Asian oil and gas company with a focus on Kazakhstan, announces its preliminary results for the year ended 31 December 2011. Financial Highlights 2011 • Loss after taxation of US $ 9.4 million • Completion of US $ 50 million Galaz farm-out with LGI • Cancellation of …