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Last checked at 
4 Dec 2012 07:00
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For immediate release 4 December 2012
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Roxi Petroleum plc
("Roxi" or "the Company")
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Galaz Spudding NK-12
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Roxi Petroleum plc, the Central Asian oil and gas company with a focus on Kazakhstan, is pleased to announce that the NK-12 well at the NW Konys asset (Galaz) was spudded on 23 November 2012.
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This appraisal well is planned to drill to a total depth of 1500 meters and is targeted to encounter Cretaceous sand of NW Konys.Β
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Drilling operations are being coordinated by our operating partners LGI and are expected to take approximately 30 days, after which a further announcement will be made.
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There are already three producing wells at Galaz; NK 6, NK 7 and NK 8 (formerly NK 14), which in aggregate are producing more than 700 bopd. Roxi's interest in the field is 34.22 per cent.
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Clive Carver, Chairman, commented:
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"We are pleased that the development work continues at Galaz, which has already proved itself a success."
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Enquiries
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Roxi Petroleum PLC c/o Buchanan
Clive Carver, Chairman +44 (0) 20 7466 5000
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WH Ireland plc
James Joyce / James Bavister +44 (0) 20 7220 1666
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Buchanan (Financial PR)
Tim Thompson / Helen Chan / Tom Hufton +44 (0) 20 7466 5000
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Qualified Person Mr. Hyunsik Jang, Chief Operating Officer of the Company, has reviewed and approved the technical disclosures in this announcement. He holds a BSc in Geology and has 25 years of international experience of exploration, appraisal and development of oilfields in a variety of environments.
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