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Roxi Petroleum: Galaz Update

Roxi, the Central Asian oil and gas company with a focus on Kazakhstan, is pleased to make the following operational update with respect to its Galaz asset. NK14 Well NK14 was spudded on 25 June 2012.  The well is an appraisal well intended to evaluate the main reservoir, at the …

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Roxi Petroleum of General Meeting and AGM

Roxi, the Central Asian oil and gas company with a focus on Kazakhstan, is pleased to announce that all the resolutions at the General Meeting, called to approve the BNG farm-out with KNOC and at the Annual General Meeting were carried. Additionally, at the Annual General Meeting, it was reported …

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Roxi Petroleum: Spuds NK-13

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 Contract Area. NK-13 well was spudded on 28 May 2012. The well is planned to drill to a total depth of 1400 metres to appraise …

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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 Galaz Contract Area. Well NK7, which was spudded on 25 April 2012, reached a total depth of 1,360 metres on 15 May 2012, after which wireline …

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Roxi Petroleum: 2011 Year Review

Roxi Petroleum plc, the Central Asian oil and gas company with a focus on Kazakhstan, announces its preliminary results for the year ended 31 December 2011. Financial Highlights 2011 • Loss after taxation of US $ 9.4 million • Completion of US $ 50 million Galaz farm-out with LGI • Cancellation of …

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Roxi Petroleum: Spins Bit at NK-7

Roxi, the Central Asian oil and gas company with a focus on Kazakhstan, is pleased to announce that the NK-7 well was spudded at 00:00hrs (local time) on 25 April 2012. This appraisal well is planned to drill to a total depth of 1400 metres and is targeted to encounter …

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Roxi Petroleum: 5m USD for BNG Farm Out

Roxi, the Central Asian oil and gas company with a focus on Kazakhstan, is pleased to announce that Bakmura LLP (“Bakmura”), a subsidiary of the Korean National Oil Corporation (“KNOC”), has agreed to pay an initial cash consideration of $5 million and to invest a further $25 million in the …

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Roxi Petroleum: Testing Galaz and BNG

Roxi Petroleum, the Central Asian oil and gas company with a focus on Kazakhstan, is pleased to update the market with operational progress at both its Galaz and its BNG Contract Areas. Galaz Our partners LGI have tested Well NK-9 at three levels.  Between 1,397 and 1,403 metres, water was …

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Roxi Petroleum Spuds Weather Delayed BNG 316

Roxi Petroleum, the Central Asian oil and gas company with a focus on Kazakhstan, is pleased to update the market with regard to BNG well 136. The well, which is on the North Yelemes structure and is planned to be drilled to a total depth of 2,950 metres was spudded …

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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 …

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