Roxi undeterred by “frustrating” rework for BNG development
Roxi’s chief executive said while he was frustrated that the firm would have to repeat work on its BNG project, he was still encouraged by the site’s development.
Roxi
Roxi agrees BNG royalty cancellation deal
Roxi, the Kazakhstan-focused oil and gas company, has agreed to cancel future royalty payments to investors from its BNG licence as part of a shares deal.
Roxi makes exploration gains in Central Asia
Kazakhstan focused oil and gas firm Roxi Petroleum has made a second find associated with its flagship BNG asset. Core samples and logging in the second well have revealed a potentially oil bearing interval starting from 4,536 meters and extending 100 meters. It’s located approximately eight kilometres from the first deep well and is being drilled by Sinopec, the Chinese multinational, at a fixed cost of $11 million.
Roxi on track for BNG asset in Kazakhstan
Roxi, the Central Asian oil and gas company with a focus on Kazakhstan, has unveiled plans for the next stage of its flagship BNG asset. The BNG Contract Area is located in the west of Kazakhstan, near Tengiz on the edge of the Mangistau Oblast. Roxi has a 58.4% stake.