REG - Roxi Petroleum Plc - Operational Update <Origin Href="QuoteRef">RXP.L</Origin>

Caspian SunriseAnnouncement

06/09/2014 20:23

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RNS Number : 0387N
Roxi Petroleum Plc
23 July 2014 
 
Roxi Petroleum plc 
 
("Roxi" or "the Company") 
 
Operational update 
 
Roxi, the Central Asian oil and gas company with a focus on Kazakhstan,
provides an update following the announcement on 9 July of oil and gas shows
having been encountered at the deep well A5 at the BNG contract area. 
 
The Company is currently awaiting additional heavy drilling fluids to reach
the drill site which are required to take core samples. 
 
As previously stated, a further announcement will be made once core samples
have been analysed to determine the oil bearing horizon and quantify the
discovery. 
 
Clive Carver, Chairman commented: 
 
"The board of Roxi remains excited about the discovery and looks forward to
updating the market further in due course." 
 
Enquiries 
 
RoxiPetroleum PLC 
 
Clive Carver                                                                  
        +7 727 375 0202 
 
WH Ireland plc 
 
James Joyce / James Bavister                                              +44
(0) 20 7220 1666 
 
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. 
 
This information is provided by RNS
The company news service from the London Stock Exchange