Petrosibir AB Publishes a Balance Sheet for Liquidation Purposes
The Board has, in accordance with 25 Chap. 13 § of the Swedish Companies Act prepared a balance sheet for liquidation purposes which has been examined by the auditor of the company. The balance sheet reveals that the total equity of the company is less than half of the registered …
Petrosibir Interim report January-June 2022
January – June 2022 Total revenue: SEK 30 (30) million Operating result: SEK -262 (-6) million Operating result excluding write down: SEK -1 (3) million Net income: SEK -241 (-8) million Net income excluding write down: SEK -1 million (1) Earnings per share: SEK -8.1 (-0.3) Statement from CEO Dear …
Petrosibir: Interim report January – June 2021
Statement from CEO Dear Shareholders, I am pleased to announce the results of the first half of 2021 that was rich with events. In spite of the continuing global COVID-19 pandemic the oil market is recovering with the oil prices reaching pre-crisis levels. The additional production from the new Yanbayskoye …
Petrosibir: New Reserves – Bashkiria
Following the successful drilling of the first exploration well on the Suyanovskoye licence, 51% of which is owned by Petrosibir, the Company prepared and successfully filed a reserves report with the State Reserves Committee. The authorities have now approved and registered C1 reserves of 6.4 million barrels and C2 reserves …
PetroNeft: Conversion of Debt
PetroNeft an oil & gas exploration and production company, operating in the Tomsk Oblast, Russian Federation, and 50% owner and operator of Licence 61 and 90% owner of Licence 67, is pleased to provide a financing update. Highlights Total of $2.69M of debt converted to equity under three historic convertible …
PetroSibir: Year-End Report January – December 2020
2020 was a very difficult year. The entire world encountered unprecedented challenges, and the oil industry was one of those hit badly by the COVID crisis. Nevertheless, PetroSibir remained strong and quickly adapted to the new conditions. Efficient costs management combined with flexible Russian taxation of the oil industry helped …
Petrosibir: Operational Summary 2018
As the end of 2018 is approaching Petrosibir would like to briefly summarize the efforts during the year. In the spring of 2018 the drilling campaign that commenced in 2017 was finalised in Komi with encouraging results. The campaign included drilling of six new wells and subsequent fraccing. The flow …
Petrosibir: A New Oil Field Discovery within the Aysky Exploration Block in Bashkiria
Petrosibir is pleased to announce that the Company has successfully re-entered an old Soviet well #141 within the the Aysky exploration licence in Bashkiria. The Aysky licence was issued in September 2009 and will expire in December 2020. This licence block is adjacent to the north-eastern border of the Ayazvskoye …
Petrosibir AB: Interim report January – June 2018
January – June 2018 Total revenue: SEK 32 (20) million Operating result: SEK 4 (-2) million Result from equity investment SEK 7 (6) Net result: SEK 11 (4) million Earnings per share: SEK 0.36 (0.12) Stockholm, 24 August 2018 Jan-Jun 2018 2017 Total production, bbl Bashkiria Komi Total barrels Average …
Petrosibir: Pavel Tetyakov Replaces Nikolay Millionshchikov as CEO
Following Nikolay Millionshchikov’s decision to resign and in view of the particular challenges the Company is facing, the Board of Petrosibir has appointed Pavel Tetyakov as the new CEO to assume the job immediately. Pavel has worked within the oil industry since 2004, working for such successful companies as PetroKazachstan, …