Petrosibir

Three wells have been successfully drilled earlier this year in the Sosnovskoye field in Komi and they have produced results in line with the prognosis, see table below. Each of the wells encountered more than 4 meters of net pay (in line with expectations). A fourth well has also been …

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, …

Production report for April 2017 Petrosibir‘s total oil production in April 2017 amounted to 42 050 barrels, equivalent to 1,402 barrels per day. The table below summarizes the production broken down by region. Apr 2017 Apr 2016  2016 2015 2014 2013 Bashkiria 12 660 13 120 152 850 158 470 …

Petrosibir‘s total oil production in February 2017 amounted to 39,750 barrels, equivalent to 1,420 barrels per day. The table below summarizes the production broken down by region. Feb 2017 Feb 2016  2016 2015 2014 2013 Bashkiria 12 030 11 770 152 850 158 470 196 236 122 305 Komi * …

Petrosibir has earlier reported the preliminary results from the drilling of the new well #9. The drilling was completed in October at a final depth of 2,596 meters and oil was found. Different horizons were tested and a high quality of the reservoir was confirmed, however with low flow rates …

Petrosibir has previously announced that the drilling of well #9 has been completed and that testing started in October. The tests of the Orlovsky horizon has confirmed a high reservoir quality, however, at low flow rates. Certain measures are planned to improve the productivity. Petrosibir is also going to test …

As previously announced Petrosibir commenced drilling well #9 on Ayazovskoye in Bashkiria in August. The new well is located approximately 400 meter north of the successful well #12. A target depth of 2,596 meters has been reached and the well has now been completed and oil has been found. Petrosibir …

Starting 2016 Petrosibir publish so called interim management statements per 31 March and 30 September instead of quarterly interim reports prepared in accordance with IAS 34. Petrosibir will continue to publish half yearly interim reports prepared in accordance with IAS 34.The consolidated financial information in this statement has been prepared …

Petrosibir’s total oil production in April 2016 amounted to 41,440 barrels, equivalent to 1,381 barrels per day. The table below summarizes the production broken down by region. * On 16 December 2015 Petrosibir acquired its 49% share of the Komi operations. The tables for the full year 2015 therefore only …

The Board of Petrosibir has appointed Nikolay Millionshchikov acting CEO of Petrosibir. Petrosibir has previously announced that Dmitry Zubatyuk has decided to resign as CEO. The Board has appointed Nikolay Millionshchikov acting CEO of Petrosibir. Nikolay Millionshchikov assumes the position on 9 May 2016. The Board will leave it to …