Executive Summary
Roxi Petroleum plc (LON:RXP) is an oil and gas exploration, development and production company based in Kazakhstan. The company has five exploration and production interests that are located in the Mangyshlac basin, the Pre-Caspian basin and the Turgari basin. It has fully-funded farm-out agreements for three of its licences that are at the stage of near-term production (Ravninnoe, BNG and Galaz) and it is currently working to identify a partner for its Beibars licence. In 2009, Roxi Petroleum earned revenue of $817,000 and it made an operating loss of $31.7m.
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