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Operational Update

29 Feb 2016 16:02

RNS Number : 5147Q
Roxi Petroleum Plc
29 February 2016
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Roxi Petroleum PLC

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("Roxi" or the "Company")

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Operational update

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Roxi, the Central Asian oil and gas company with a focus on Kazakhstan, is pleased to update the market with news from our flagship BNG Asset.

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Deep Well A6

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As previously announced Deep Well A6 was spudded in early November 2015 and is to be drilled to a planned total depth of 5,000 meters.

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Drilling has reached a depth of 3,700 meters without incident. Casing to this depth has been set and once the cement dries drilling will resume to the planned total depth.

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Further announcements will be made in due course.

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Ends.

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Enquiries:Β 

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Roxi Petroleum PLC

Clive Carver, Chairman +7 727 375 0202Β 

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WH Ireland Ltd

James Joyce / James Bavister +44 (0) 207 220 1666Β 

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Qualified PersonΒ 

Mr. Nurlybek Ospanov, Roxi's senior geologist who is a member of the Society of Petroleum Engineers ("SPE"), has reviewed and approved the technical disclosures in this announcement.

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This information is provided by RNS
The company news service from the London Stock Exchange
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END
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