Operational Update

RNS Number : 5147Q

Roxi Petroleum Plc

29 February 2016

 

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 news from our flagship BNG Asset.

Deep Well A6

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.

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.

Further announcements will be made in due course.

Ends.

Enquiries: 

Roxi Petroleum PLC

Clive Carver, Chairman                                                                 [phone] 

WH Ireland Ltd

James Joyce / James Bavister                                                    [phone] 

Qualified Person 

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.

 

END

 

 

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