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Petrosibir: Production report for November 2016 

Production report for November 2016

Petrosibir's total oil production in November 2016 amounted to 41,650 barrels, equivalent to 1,388 barrels per day.

The table below summarizes the production broken down by region.

  Nov 2016 Nov 2015 Jan-Nov 
2016
Jan-Nov 
2015
2015 2014 2013 2012
Basjkiria  12 570 12 040 140 300 146 030 158 470 196 236 122 305 57 900
Komi *  29 080 0 322 150 0 15 190 0 0 0
Total barrels 41 650 12 040 462 450 146 030 173 660 196 236 122 305 57 900
Discontinued Operations
Ukraine *

0

9 510


108 720

112 430

125 141

126 565

119 950
Total barrels 41 650 21 550 462 450 254 750 286 090 321 377 248 870 177 850
Basjkiria 419 401 419  437 434 538 335 158
Komi * 969 0 962 0 42 0 0 0
Total barrels per day 1 388 401 1 380 437 476 538 335 158
Discontinued Operations
Ukraine *

0

317

0

326

308

343

347

328
Total barrels per day 1 388 718 1 380 763 784 880 682 486

* The production numbers above for Komi and Ukraine for 2015 have been recalculated compared to what has been disclosed earlier. In the table above the production for 2015 has been divided by 365 days whereas it previously was divided by the actual number of days that the operations were owned by Petrosibir.

Petrosibir owns 100% of the Russian company Ingeo Holding, which holds a production license in Bashkiria. Petrosibir also owns 49% of the Cypriot company Ripiano, whose wholly owned Russian subsidiaries hold three production licenses in Komi. Bashkiria and Komi are federal subjects of the Russian Federation.

Stockholm, 13 December 2016

For more information, please contact:
Nikolay Millionshchikov, CEO, +46 8 407 1850
Gunnar Danielsson, deputy CEO and CFO, +46 70 738 0585
www.petrosibir.com

The following documents can be retrieved from beQuoted
Petrosibir Pressrelease 2016-12-13 English.pdf

About Petrosibir
Petrosibir is a Swedish company focused on exploring and developing concessions in Russia. Petrosibir's Ukrainian operations have been distributed to its shareholders. The company holds licenses in the Russian republics of Bashkiria and Komi. Petrosibir's 2P oil and gas reserves amount to 35 million barrels of oil equivalent. The Petrosibir share is traded on the OTC-list at beQuoted starting from 17 February 2016 under the symbol PSIB-B.

This is an English translation of the Swedish original. In case of discrepancies, the Swedish original shall prevail.

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