The share price of Kazakhstan-based oil and gas group Roxi Petroleum more than doubled on Wednesday after the firm announced a discovery at its flagship BNG asset. Roxi said it has found oil and gas shows at the well A5, the first deep well of the 58.41%-owned BNG Contract Area, 40km south-east of
Read moreLONDON (Alliance News) - Roxi Petroleum PLC Friday said it widened it losses in 2013 due to higher finance costs, but reported an increase in revenue, and said that sales of oil on a day-to-day basis now exceed its general and administrative expenses. Roxi Petroleum reported a pretax loss o
Read moreLONDON (Alliance News) - Roxi Petroleum PLC Tuesday said it has started a new well at its Galaz site, while the results of a testing programme at shallow wells on its BNG site continue to indicate that a portion of the BNG contract area is commercially attractive. In an operational update,
Read moreLONDON (Alliance News) - Roxi Petroleum PLC Tuesday said deep well drilling at its A5 deep well on the BNG asset has passed through the salt layer and one of its shallow wells has begun test production. The central Asian oil and gas company with a focus on Kazakhstan, said drilling at A5 ha
Read moreLONDON (Alliance News) - Roxi Petroleum PLC Wednesday said it continues to receive strong operational results from its shallow wells and is closing in on the key region of drilling at its BNG deep well A5. The central Asian oil and gas company with a focus on Kazakhstan, said its 805, 54 an
Read moreHimanshu Raja, the Chief Financial Officer of troubled security giant G4S has given a show of support for the ailing company following news of its loss-making year, with the purchase of 50,000 shares. The deal was made Wednesday, when the group revealed it had swung to a statutory pre-tax loss of
Read moreLONDON (Alliance News) - Roxi Petroleum PLC Monday said it has drawn down a further USD7 million from its USD40 million equity commitment with Chief Financial Officer Kairat Satylganov, money it will use to continue its drilling campaign at the BNG Contract Area in Kazakhstan. The oil and g
Read moreLONDON (Alliance News) - Roxi Petroleum said Friday that it was pleased with the progress of its wells in the Galaz block in Kazakhstan, as Well NK24 spudded and was drilled to a depth of 425 meters without incident. The oil and gas company has drilled three wells at Galaz since 2012. Its N
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