Roxi Petroleum reported progress at its flagship BNG asset as it posted an operational update. The Central Asian oil and gas company with a focus on Kazakhstan said that a gross oil-bearing interval of at least 105 metres, from 4,332 metres to 4,437 metres, was found at its Deep Well A5. The well,
Read moreOil and gas company Roxi Petroleum has been granted an extension for its licence in the BNG Contract Area in Western Kazakhstan. The extension is for another three years. In a statement Roxi said its focus would be to prove up the greatest amount of reserves consistent with avoiding unnecessary di
Read moreOil and gas explorer Roxi Petroleum swung to an annual pre-tax profit in 2014, after reversing an impairment charge it booked in the previous year. The Kazakhstan-focused group posted a $20.1m pretax profit in 2014, compared with a $9m loss in 2013 on the back of the reversal of a $25m impairment ch
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