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: Operational Update
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 also to set out its corporate strategy for the medium term. BNG Background The BNG Contract Area is located in the …
Roxi Petroleum: BNG Well A5 Now Exceeds Initial Expectations
Roxi, the Central Asian oil and gas company with a focus on Kazakhstan, is pleased to further update the market with news of the deep discovery at its flagship BNG asset together with progress at its BNG shallow Well 143 and at Well NK-31 at its Galaz Contract Area. The …
Roxi Petroleum: License Extension at Galaz and Could be Converted to a Full Production License in the Future
Roxi, the Central Asian oil and gas company with a focus on Kazakhstan, is pleased to update the market with news of a licence extension and of operational progress at its Galaz asset. Galaz The Galaz block is located in the Kyzylorda Oblast in central Kazakhstan. The Contract Area was extended on …
Roxi Petroleum: Galaz Operational Update
Roxi, the Central Asian oil and gas company with a focus on Kazakhstan, is pleased to update the market with developments at its Galaz asset, in which Roxi has a 34 per cent interest. Background The Galaz block is located in the Kyzylorda Oblast in central Kazakhstan. The Contract Area …
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 …
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 …