Drilling update

Three wells have been successfully drilled earlier this year in the Sosnovskoye field in Komi and they have produced results in line with the prognosis, see table below. Each of the wells encountered more than 4 meters of net pay (in line with expectations). A fourth well has also been drilled in the field and is now being completed, the test results will follow within the next several weeks. The ongoing drilling program encompasses a total of 6 production wells to be completed in 2017.

All wells will be fracced upon availability of a fraccing fleet to reach the target production rates. We will inform the shareholders about the new well results along with other developments in due course.

Petrosibir owns 49% of the Cypriot company Ripiano, whose wholly owned Russian subsidiaries hold three production licenses in Komi including the Sosnovskoye field.

Well Initial flow rate, bbl/day Current flow rate, bbl/day
Sosnovskaya 33 145 77
Sosnovskaya 39 25 12
Sosnovskaya 34 22 19

25 August 2017

For more information, please contact:
Pavel Tetyakov, CEO, Petrosibir, tel +46 8 407 1850
ptetyakov@petrosibir.com
Gunnar Danielsson, dep CEO / CFO Petrosibir, tel +46 70 738 0585
gunnar.danielsson@petrosibir.com

www.petrosibir.com

About Petrosibir
Petrosibir is a Swedish company focused on exploring and developing concessions in Russia. The company holds licences 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 under the symbol PSIB-B.

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

Produktionsrapport för augusti 2019

Petrosibirs sammanlagda oljeproduktion under augusti 2019 uppgick till 39 071, motsvarande 1 260 fat per dag.


Production report for August 2019

Petrosibir's total oil production during August 2019 amounted to 39,071 barrels, equivalent to 1,260 barrels per day.


Delårsrapport januari - juni 2019

Januari-juni 2019

  • Totala intäkter: 28 (32) mkr
  • Rörelseresultat: 2 (4) mkr
  • Resultatandel från intressebolag 0 (7) mkr
  • Periodens resultat: 2 (11) mkr
  • Resultat per aktie: 0,07 (0,36)

Interim report January - June 2019

January - June 2019

  • Total revenue: SEK 28 (32) million
  • Operating result: SEK 2 (4) million
  • Result from equity investment SEK 0 (7)
  • Net result: SEK 2 (11) million
  • Earnings per share: SEK 0.07 (0.36)

Produktionsrapport för juli 2019

Petrosibirs sammanlagda oljeproduktion under juli 2019 uppgick till 34 925, motsvarande 1 127 fat per dag.


Production report for July 2019

Petrosibir's total oil production during July 2019 amounted to 34,925 barrels, equivalent to 1,127 barrels per day.


Produktionslicens erhållen på Aysky-fältet

Petrosibir meddelar härmed att bolaget har erhållit en produktionslicens avseende den nyligen upptäckta oljefyndigheten på Aysky-fältet i Basjkirien.


Production licence received for the Aysky oil field

Petrosibir is pleased to announce that the Company has received a production licence for the recently discovered Aysky oil field.


Produktionsrapport för juni 2019

Petrosibirs sammanlagda oljeproduktion under juni 2019 uppgick till 30 905, motsvarande 1 030 fat per dag.


Production report for June 2019

Petrosibir's total oil production during June 2019 amounted to 30,905 barrels, equivalent to 1,030 barrels per day.


Produktionsrapport för maj 2019

Petrosibirs sammanlagda oljeproduktion under maj 2019 uppgick till 33 348, motsvarande 1 076 fat per dag.


Production report for May 2019

Petrosibir's total oil production during May 2019 amounted to 33,348 barrels, equivalent to 1,076 barrels per day.


Kommuniké från årsstämma

Årsstämman i Petrosibir AB hölls den 28 maj 2019 varvid aktieägarna fattade i huvudsak följande beslut.


Communiqué from annual general meeting

Shareholders of Petrosibir AB passed the following main resolutions at the annual general meeting held on 28 May 2019.


Produktionsrapport för april 2019

Petrosibirs sammanlagda oljeproduktion under april 2019 uppgick till 32 632, motsvarande 1 088 fat per dag.


Production report for April 2019

Petrosibir's total oil production during April 2019 amounted to 32,632 barrels, equivalent to 1,088 barrels per day.


Publicering av årsredovisningen 2018

Petrosibirs årsredovisning för 2018 finns från och med idag den 7 maj 2019 tillgänglig på bolagets hemsida www.petrosibir.com. Den är även bifogad detta pressmeddelande i PDF-format.


Annual report for 2018 published

Petrosibir's Annual report for 2018 is available as of today 7 May 2019 on the company's website www.petrosibir.com. A PDF of the report is attached to this press release.


Kallelse till årsstämma i Petrosibir AB (publ)

Aktieägarna i Petrosibir AB (publ) (nedan "bolaget") kallas till årsstämma tisdagen den 28 maj 2019 kl. 10.00 på Scandic Anglais, Humlegårdsgatan 23 i Stockholm.


Notice to Annual General Meeting of shareholders in Petrosibir AB (publ)

The shareholders of Petrosibir AB (publ) (hereinafter the "Company") are hereby given notice to attend the Annual General Meeting to be held at 10 AM on Tuesday 28 May 2019 at Scandic Anglais, Humlegårdsgatan 23 in Stockholm.


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