Eurasia Journal News

Roxi Petroleum: Sidetracking Round Stuck Pipe at Deep Well A5

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 flagship BNG asset. Deep Wells Deep Well A5 The well was spudded in July 2013 and drilled to a total depth of 4,442 meters …

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Eurasia Journal News

Roxi Petroleum: Deep Well A5 on 30 Day Well Test

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 flagship BNG asset. Deep Wells Deep Well A5 The well was spudded in July 2013 and drilled to a total depth of 4,442 meters …

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Eurasia Journal News

Roxi Petroleum: Grants Three Year BNG License Extension

Roxi, the Central Asian oil and gas company with a focus on Kazakhstan, is pleased to announce that the licence for its flagship BNG Contract Area has been successfully renewed for a further period of 3 years ending on 7 June 2018. The main focus of activity during the period …

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Eurasia Journal News

Roxi Petroleum: 2014 Results and Strategic Review

The Directors present their strategic report on the Group for the year ended 31 December 2014. Introduction The requirement for a strategic report was introduced for all accounting periods ending on or after 30 September 2013 and therefore this is the second Roxi annual report to comply with the requirement. …

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Eurasia Journal News

Roxi Petroleum: $10.4m of $23m of Galaz Cash is in the Bank

Roxi, the Central Asian oil and gas company with a focus on Kazakhstan, is pleased to further update the market with news of the sale of Galaz. Further to the announcement of 12 June 2015, Roxi confirms that to date $10.4 million of the $23 million attributable to Roxi has …

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Eurasia Journal News

Roxi Petroleum: Receives $6.9m As Part of Galaz Sale

Further to the announcement of 1 June 2015 extending the completion date of the sale of the Company’s equity and debt interests in the Galaz Contract Area to a consortium led by Xinjiang Zhundong Petroleum Technology Co, a Chinese publicly traded conglomerate, (the “Galaz Disposal”), Roxi, announces that it has …

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Eurasia Journal News

Roxi Petroleum: Deep Well A5 – Unblocked and On 30 Day Well Test

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 flagship BNG together with updates on the Sale of Galaz and the proposed BOCO investment. Deep Wells  Deep Well A5 The well was spudded …

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Eurasia Journal News

Roxi Petroleum: Galaz Sale to Fund BNG Development

Further to the announcement of 10 February 2015, Roxi, the Central Asian oil and gas company with a focus on Kazakhstan, is pleased to announce that  the sale of the Company’s equity and debt interests in the Galaz Contract Area  to a consortium led by Xinjiang Zhundong Petroleum Technology Co, …

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Eurasia Journal News

Roxi Petroleum: Deep Well A5 Blockage Slowly Being Freed

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 flagship BNG asset. BNG Operational Update The BNG Contract Area is located in the west of Kazakhstan, 40 kilometers southeast of Tengiz on the …

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Eurasia Journal News

Roxi Petroleum: BOCO Take $20m usd Subscription

Roxi, the Central Asian oil and gas company with a focus on Kazakhstan, is pleased to announce it has entered into a subscription agreement to raise $20m at above the current market price. The Company has entered into a Subscription Agreement with BOCO (H.K.) Limited, (“BOCO”),whereby BOCO will subscribe for …

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