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Operational Update

29 May 2012 07:00

RNS Number : 2510E
Roxi Petroleum Plc
29 May 2012
 



For immediate release 29 May 2012

Roxi Petroleum plc

("Roxi" or the "Company")

 

Operational Update

 

 

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 Contract Area.

 

NK-13 well was spudded on 28 May 2012.

 

The well is planned to drill to a total depth of 1400 metres to appraise Jurassic formation in the South East channel of the Galaz Contract Area.

 

Drilling operations are being coordinated by our operation partners LGI and are expected to take approximately 30 days, after which a further announcement will be made.

 

 

Enquiries

 

Roxi Petroleum plc

Clive Carver, Chairman +44 (0) 1883 717357

Strand Hanson Limited

Andrew Emmott / Cordelia Orr-Ewing +44 (0) 20 7409 3494

Renaissance Capital Limited

John Porter / James Etherington +44 (0) 20 7367 8242

Buchanan (Financial PR)

Tim Thompson / Ben Romney / Helen Chan +44 (0) 20 7466 5000

 

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.

 

 

 

 

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
MSCBSGDUUUDBGDI
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17th Apr 20157:00 amRNSUSD20 million subscription
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24th Mar 20157:00 amRNSExercise of Options
12th Mar 201511:24 amRNSUpdate re Admission of New Shares
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15th Dec 201411:18 amRNSOperational Update
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7th Nov 20147:00 amRNSOperational Update
15th Oct 20147:00 amRNSOperational Update
25th Sep 201410:12 amRNSAward of Options
23rd Sep 20147:00 amRNSInterim Results
8th Sep 20147:00 amRNSOperational Update
1st Sep 20147:00 amRNSFurther update on the Deep Discovery at BNG
27th Aug 201411:55 amRNSExercise of Options
19th Aug 20147:00 amRNSDeep Well Update
11th Aug 20147:01 amRNSExercise of options

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