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Roxi Petroleum of General Meeting and AGM

Roxi, the Central Asian oil and gas company with a focus on Kazakhstan, is pleased to announce that all the resolutions at the General Meeting, called to approve the BNG farm-out with KNOC and at the Annual General Meeting were carried. Additionally, at the Annual General Meeting, it was reported …

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Roxi Petroleum: Spins Bit at NK-7

Roxi, the Central Asian oil and gas company with a focus on Kazakhstan, is pleased to announce that the NK-7 well was spudded at 00:00hrs (local time) on 25 April 2012. This appraisal well is planned to drill to a total depth of 1400 metres and is targeted to encounter …

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Roxi Galaz Contract Area

Well NK-10, which was drilled in November and December 2011, was tested by our partners LGI between 1 April and 9 April 2012, at depths between 1288 and 1298 meters. The tests have revealed high water content with only minor gas and oil film shows.  Accordingly, no further tests are …

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Roxi Petroleum: 5m USD for BNG Farm Out

Roxi, the Central Asian oil and gas company with a focus on Kazakhstan, is pleased to announce that Bakmura LLP (“Bakmura”), a subsidiary of the Korean National Oil Corporation (“KNOC”), has agreed to pay an initial cash consideration of $5 million and to invest a further $25 million in the …

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Roxi Petroleum Spuds Weather Delayed BNG 316

Roxi Petroleum, the Central Asian oil and gas company with a focus on Kazakhstan, is pleased to update the market with regard to BNG well 136. The well, which is on the North Yelemes structure and is planned to be drilled to a total depth of 2,950 metres was spudded …

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Roxi Petroleum: NW Konys Commences Pilot Production

Roxi, the Central Asian oil and gas company with a focus on Kazakhstan, is pleased to announce the commencement of pilot production from the NW Konys field in the Galaz Contract Area, in the Kyzylorda Oblast Western Kazakhstan, on 19 January 2012. The Company successfully drilled six new wells on …

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Roxi Petroleum: NW Konys Pilot Production Gas Flaring Consent Update

Roxi, the Central Asian oil and gas company with a focus on Kazakhstan, is pleased to announce that it has been advised by the Ministry of Oil & Gas of the Republic of Kazakhstan that its operating Company, Galaz and Company LLP, (“Galaz”) has received approval for gas flaring for …

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Roxi Petroleum Spuds Well

Roxi Petroleum, the Central Asian oil and gas company with a focus on Kazakhstan, is pleased to announce that the NK-10 well spudded on 28 November 2011 reached a total depth of 1505 metres on 18 December 2011. The preliminary interpretation of wireline logging indicates that the well encountered oil …

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Roxi Petroleum: Spudding of BNG Well 136

Roxi, the Central Asian oil and gas company with a focus on Kazakhstan, is pleased to announce that the BNG well 136 on the North Yelemes structure was spudded on 16 December 2011. Drilling is expected to take approximately 40 days and the well is planned to drill to a …

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Roxi Petroleum Receives South Yelemes Pilot Production Gas Flaring Consent

Roxi Petroleum, the Central Asian oil and gas company with a focus on Kazakhstan, is pleased to announce that it has been advised by the Ministry of Oil & Gas of the Republic of Kazakhstan that its operating Company, BNG Ltd LLP, (“BNG”) has received approval for gas flaring for …

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