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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 …

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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 …

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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 …

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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 …

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Roxi Petroleum: First Payments of the $40 million Equity Investment and a New CFO

Further to the announcement of Tuesday 15 January 2013, concerning the agreement in relation to the equity investment of $40 million, Roxi is pleased to announce that the first $10 million payable under the subscription agreement has been received and that 83,791,429 new Roxi shares will be issued to Mr. …

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Roxi Galaz Contract Area

Well NK-10, which was drilled in November and December 2011, was tested by our partners LGI between 1 April and 9 April 2012, at depths between 1288 and 1298 meters. The tests have revealed high water content with only minor gas and oil film shows.  Accordingly, no further tests are …

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