Roxi Petroleum: Exercises Share Options
Roxi, the Central Asian oil and gas company with a focus on Kazakhstan, announces that following the exercise of options 125,000 new shares (“Option Shares”) have been issued. Roxi will apply for these 125,000 Option Shares to be admitted to trading on AIM and it is anticipated that trading in …
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: Further Deep Well Success at BNG
Roxi, the Central Asian oil and gas company with a focus on Kazakhstan, is pleased to update the market with news of a discovery at its flagship BNG asset. Background The BNG Contract Area is located in the west of Kazakhstan 40 kilometres southeast of Tengiz on the edge of …
Roxi Petroleum: AGM Statement
BNG Roxi has a 58.41% interest in the BNG Contract Area Deep well – Airshagyl 5 Drilling has resumed and by Friday, 27 June 2014 reached a depth of 4,236 meters. The well’s principal target is the Carboniferous formation at 4,390 meters with a subsidiary target in the Permian …
Roxi Petroleum Announces its Audited Final Results for the Year Ended 31 December 2013
Highlights for 2013 and to date in 2014: Operational *Successful shallow drilling campaign at BNG *Commencement of first deep well at BNG *Currently aggregate production across the portfolio 2900 bopd gross (1212 net to Roxi) Financial *US $40m equity commitment secured in January 2013 at 7.41p per share of which …
Roxi Petroleum: BNG Horizon Could Expand
Roxi, the Central Asian oil and gas company with a focus on Kazakhstan, is pleased to update the market with operational progress at its Galaz and BNG assets. Galaz Roxi is pleased to announce that Well NK-31 has been spudded and is to be drilled to a total depth of …
Roxi Petroleum Operational Update
Roxi, the Central Asian oil and gas company with a focus on Kazakhstan, is pleased to update the market with operational progress at its BNG and Galaz assets. BNG Deep well Drilling at Well A5, which is targeting the Permian and middle Carboniferous of the South Emba sub-basin, has reached …
Roxi Petroleum: BNG and Galaz Progressing Well
Roxi, the Central Asian oil and gas company with a focus on Kazakhstan, is pleased to update the market with operational progress at its BNG and Galaz assets. BNG The BNG Contract Area is located in the west of Kazakhstan 40 kilometres southeast of Tengiz on the edge of the …
Roxi Petroleum: Receives Further $7m USD of Financing from Kairat Satylganov
Roxi Petroleum the Central Asian oil and gas company with a focus on Kazakhstan, is pleased to announce that a further $7 million has been called and received under the previously announced $40 million equity commitment with Mr. Satylganov, a Director of the Company. This brings the total called and …
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 operational progress at its Galaz assets. The Galaz block is located in the Kyzylorda Oblast in central Kazakhstan. The Contract Area was extended on 10 January 2011 to 179 square …