Roxi Petroleum Company News

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Roxi Hits Oil in Kazakhstan's Deep Well A6
Roxi Petroleum plc announced Friday that it has hit oil in Deep Well A6, located in Kazakhstan's BNG Contract Area.
8:00 PM EST | October 27, 2016
Roxi Petroleum Resumes Drilling at Deep Well A6
Roxi Petroleum plc expects to reach a "potentially oil bearing zone" in deep well A6 soon, after resuming drilling operations on the well.
8:00 PM EST | April 10, 2016
Roxi Retains GCA to Evaluate BNG Asset
Roxi Petroleum plc retains Gaffney, Cline & Associates to evaluate the company's flagship BNG asset.
7:00 PM EST | January 26, 2016
Roxi Granted BNG Acreage Extension
The Kazakh regulatory authorities grant Roxi Petroleum a 54 square mile extension to the BNG contract area, for a price of $2 million.
7:00 PM EST | January 20, 2016
Roxi Petroleum: Well 143 'Flowing Strongly'
Well 143, located within the BNG asset in Kazakhstan, is currently "flowing strongly" after encountering oil shows late last year, says Roxi Petroleum.
7:00 PM EST | January 12, 2016
Roxi Petroleum Encounters Deep Well Blockages
Roxi Petroleum plc encounters well blockages at the A5 and 801 Deep Wells, both of which are located within the BNG asset.
7:00 PM EST | December 02, 2015
Roxi Petroleum: Deep Well A6 Spuds at BNG
Roxi Petroleum plc announces that a new well has spud on the BNG asset in Kazakhstan.
7:00 PM EST | November 08, 2015
Roxi Petroleum to Drill at least 3 more Wells in Kazakhstan
Roxi Petroleum will drill at least 3 additional wells in the Kazakhstan BNG asset within the next 12 months.
7:00 PM EST | November 02, 2015
Roxi Petroleum Reports Oil Flows from BNG's Well 143
Roxi Petroleum reports oil flows from two intervals at well 143, which is situated in the company's flagship BNG asset in Kazakhstan.
8:00 PM EST | September 03, 2015
Roxi Petroleum Agrees BNG Royalty Cancellation Deal
Roxi Petroleum enters into an agreement with Canamens Limited and Sector Spesit IV, a sub-fund of Sector Umbrella Trust, to cancel future royalty payments due to them from production at Roxi's BNG asset, located in Kazakhstan.
8:00 PM EST | July 23, 2015
Roxi Tackles Stuck Pipe Issue with Side Track
Roxi Petroleum says issues with pipes supplied to it for the drilling of Deep Well A5 provide it with an opportunity to deal with a stuck pipe at the bottom of the well.
8:00 PM EST | July 14, 2015
Roxi Secures License Extension for Kazakhstan's BNG Contract Area
Roxi Petroleum announces that its license for the BNG Contract Area, located in the west of Kazakhstan, has been renewed for 3 years, ending on June 7, 2018.
8:00 PM EST | June 24, 2015
Roxi Receives Almost Half Payment Due for its Galaz Asset in Kazakhstan
Roxi Petroleum receives $10.4 million of the $23 million it is due for the sale of its Galaz asset in Kazakhstan.
8:00 PM EST | June 18, 2015
Roxi to Complete Galaz Contract Area Stake Sale to Xinjiang Zhundong Soon
Roxi Petroleum expects to close the sale of its stake in the Galaz Contract Area by end of this month.
8:00 PM EST | May 20, 2015
Roxi Sells Stake in Galaz Contract Area to China's Xinjiang Zhundong
Roxi Petroleum sells its stake in Galaz Contract Area in Kazakhstan to China's Xinjiang Zhundong for $20.72 million.
7:00 PM EST | February 10, 2015
Roxi Extends Deadline for Xinjiang Zhundong to Acquire Stake in Galaz Block
Roxi Petroleum extends deadline for Xinjiang Zhundong Petroleum Technology to acquire stake in the Galaz Contract Area in Kazakhstan.
7:00 PM EST | February 01, 2015
Roxi in Talks to Sell Stake in Galaz Block to Xinjiang Zhundong for $100M
Roxi Petroleum enters into talks to dispose of its interest in the Galaz Contract Area in central Kazakhstan to China's Xinjiang Zhundong Petroleum Technology Co. for around $100 million.
7:00 PM EST | January 08, 2015
Roxi Updates on Progress at BNG, Galaz and Munaily Assets in Kazakhstan
Roxi Petroleum provides an update on progress at its BNG, Galaz and Munaily assets in Kazakhstan.
7:00 PM EST | November 06, 2014
Roxi Updates on Drilling at A5 Well in BNG Contract Area in Kazakhstan
Roxi Petroleum provides update on drilling at A5 well in the BNG Contract Area in western Kazakhstan.
8:00 PM EST | September 01, 2014
Roxi Sees Further Oil, Gas Shows at Kazakh Well
Roxi Petroleum reports that its A5 well in western Kazakhstan has made a further discovery of oil and gas.
8:00 PM EST | August 10, 2014
Roxi Petroleum Provides Update on Discovery at BNG Asset in Kazakhstan
Roxi Petroleum updates on recent discovery at its BNG asset in Western Kazakhstan.
8:00 PM EST | August 05, 2014
Roxi Updates on License Extension, Operations at Galaz Block in Kazakhstan
Rozi Petroleum provides update on license extension and operations at its Galaz block in central Kazakhstan.
8:00 PM EST | July 13, 2014
Roxi Petroleum Makes Discovery at BNG Contract Area in Kazakhstan
Roxi Petroleum discovers oil and gas at well A5 in the BNG contract area in western Kazakhstan.
8:00 PM EST | July 09, 2014
Roxi Spuds New Well on Galaz Block, Kazakhstan
Roxi Petroleum spuds Well NK-14 on the Galaz block in central Kazakhstan and says another well is to be spud on the block in February.
7:00 PM EST | January 28, 2014
Roxi Gets BNG License Extension
Roxi Petroleum gets a two-year extension to its license to operate in the BNG Contract Area in Kazakhstan.
8:00 PM EST | July 16, 2013
Roxi's Well 143 to Hit Target Depth within a Week
Roxi Petroleum says its Well 143 in the BNG contract area in Kazakhstan will hit its target depth of 9,020 feet within one week.
8:00 PM EST | June 13, 2013
Roxi Reports Further Success at Well 806
Roxi Petroleum says Well 806 on its BNG contract area, onshore Kazakhstan, has yielded 130 barrels of oil per day over a two-day period from a second interval.
8:00 PM EST | May 19, 2013
Roxi Spuds Kazakh Well
Roxi Petroleum spuds BNG Well 143, targeting the MJ-F structure on the South Yelemes field in Kazakhstan.
8:00 PM EST | April 02, 2013
Roxi Raises Funds for Kazakh Drilling Campaign
Roxi Petroleum raises $40 million for a five-well drilling campaign in Kazakhstan this year.
7:00 PM EST | January 07, 2013
Roxi Starts Producing from Munaily Field
Roxi Petroleum reports that its Well H1 on its Munaily field in Kazakhstan has begun production at 125 barrels of oil per day.
7:00 PM EST | December 04, 2012
BNG Negotiations Continue for Roxi, KNOC
Roxi announces that representatives from the existing participants in the BNG license and KNOC have agreed well locations and secured a rig to commence drilling in December 2012.
8:00 PM EST | October 30, 2012
Roxi Successfully Tests Flow Rates at Galaz Well
Kazakhstan-focused Roxi Petroleum successfully tests oil flow at its NK8 well, with rates reaching 251 barrels per day.
8:00 PM EST | August 14, 2012
Roxi All Smiles over NK7 Performance in Kazakhstan
"We remain extremely pleased with the performance of NK7 and look forward with interest to the wire logging results on NK14," Chairman Clive Carver said.
8:00 PM EST | July 17, 2012
Roxi Encounters Oil at Kazakh Well
The preliminary interpretation indicates that Well NK7 encountered oil bearing zones.
8:00 PM EST | May 22, 2012
Roxi Spuds Kazakhstan Well
Roxi's appraisal well is targeting Jurassic sands with drilling operations expected to take approximately 30 days.
8:00 PM EST | April 25, 2012
Roxi Sells Stake in BNG Project
Roxi announced that Bakmura, a subsidiary of KNOC, has agreed to invest in the BNG Contract Area work program in return for a 35% interest in the BNG Contract Area license.
8:00 PM EST | March 19, 2012
Roxi Drills Ahead at North Yelemes Structure
Drilling at the North Yelemes structure has reached 6,388 feet and the total depth is now expected to be reached in early March, assuming weather conditions improve in the next two weeks.
7:00 PM EST | February 07, 2012
Roxi Receives Final Kazakh Nod for Pilot Production
Roxi has been advised by the Ministry of Oil & Gas of the Republic of Kazakhstan that Galaz has received approval for gas flaring for the period 2012 to 2014.
7:00 PM EST | January 02, 2012
LGI Spuds Kazakh Well
Roxi announced that, following the successful drilling of the NK-9 well, the NK-10 well was spudded on November 28, 2011.
7:00 PM EST | November 28, 2011
Roxi's NK-9 Well Reaches TD
Roxi announced that well NK-9 spudded on October 27, 2011 has reached a total depth of 1,505 meters on November 16, 2011.
7:00 PM EST | November 21, 2011
Roxi's Well 135 to Be Plugged, Abandoned
Roxi reported that although encountering shows were found at Well 135, wireline logging has confirmed that there are no zones of commercial interest and the well will be plugged and abandoned.e
7:00 PM EST | February 13, 2011
BNG's Pilot Production Project for South Yelemes Approved
BNG has received notification from the Ministry of Industry and New Technologies to approve the Pilot Production Project for South Yelemes field for a three year period.
7:00 PM EST | January 27, 2011
Roxi to Focus on NW Konys Development
Roxi updated on its agreement with LGI, confirming distribution of revenue from Galaz, and an update on Well NK20.
7:00 PM EST | January 26, 2011
Roxi Updates Galaz Stake Sale
Roxi updated on the final consideration for the Galaz sale received from LGI and the extension granted for the Galaz Contract Area.
7:00 PM EST | January 11, 2011
Drilling Commenced at BNG Exploration Well
Roxi reported that BNG exploration well 135 on the North Yelemes structure has been spudded.
7:00 PM EST | January 06, 2011
Roxi Gets Green Light to Sell Galaz Stake
Roxi has received approval from the Anti-Monopoly Agency of Kazakhstan to sell a 40% interest in Galaz and Company LLP, through its subsidiary GEBV to LGI.
7:00 PM EST | November 30, 2010
Roxi Sells Stake in Ravninnoe Oil
Roxi has sold its entire 30% interest in Ravninnoe Oil to Hamilton Services. R
8:00 PM EST | October 11, 2010
Roxi Confirms Hydrocarbons at South Yelemes Well
Roxi reported confirmation of mobile hydrocarbons on Lower Cretaceous dolomites at Well 805 on South Yelemes field, Kazakhstan.
8:00 PM EST | September 15, 2010
Roxi Completes Seismic Acquisition in BNG Prospect
Roxi has completed the acquisition of seismic over the central and northern areas of the BNG prospect, in Kazakhstan.
8:00 PM EST | August 09, 2010
Roxi Updates on Kazakh Ops
Roxi announced the following operations update on Ravninnoe well 20 and BNG wells.
8:00 PM EST | July 13, 2010