Interim report January - June 2018

January - June 2018

  • Total revenue: SEK 32 (20) million
  • Operating result: SEK 4 (-2) million
  • Result from equity investment SEK 7 (6)
  • Net result: SEK 11 (4) million
  • Earnings per share: SEK 0.36 (0.12)

Statement from CEO

Dear Shareholders,

I am pleased to announce results for the first half of 2018. The Company's focus on operations is continuing to yield encouraging results. Our team's constant efforts combined with favourable market conditions resulted in higher revenues and growing positive cash flow. The drilling and fraccing campaign in Komi added approximately 1,000 bopd in line with the targets, the active management of the existing wells in Bashkiria has helped us to slow down the natural production decline. We have just fracced two more wells in the Ayzovskoye field and will announce the results after the wells clean up and stabilise. The efforts to enhance production and profitability in both regions will be continued along with exploring M&A opportunities that will help to increase the shareholder value.

Pavel Tetyakov, CEO

For the complete Report, see attached document.

For more information, please contact:

Pavel Tetyakov, CEO, +46 8 407 1850
Gunnar Danielsson, deputy CEO and CFO, +46 70 738 0585
www.petrosibir.com

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 licences in the Russian republics of Bashkiria and Komi. Petrosibir's 2P oil and gas reserves amount to 35 million barrels of oil equivalent. Petrosibir shares are traded on the OTC-list at beQuoted starting from 17 February 2016 under the symbol PSIB-B.

Produktionsrapport för januari 2019

Petrosibirs sammanlagda oljeproduktion under januari 2019 uppgick till 35 767 fat, motsvarande 1 154 fat per dag.


Production report for January 2019

Petrosibir's total oil production in January 2019 amounted to 35,767 barrels, equivalent to 1,154 barrels per day.


Produktionsrapport för december 2018

Petrosibirs sammanlagda oljeproduktion under december 2018 uppgick till 34 644 fat, motsvarande 1 118 fat per dag.


Production report for December 2018

Petrosibir's total oil production in December 2018 amounted to 34,644 barrels, equivalent to 1,118 barrels per day.



Operational summary 2018


Produktionsrapport för november 2018

Petrosibirs sammanlagda oljeproduktion under november 2018 uppgick till 35 346 fat, motsvarande 1 178 fat per dag.


Production report for November 2018

Petrosibir's total oil production in November 2018 amounted to 35,346 barrels, equivalent to 1,178 barrels per day.


Produktionsrapport för oktober 2018

Petrosibirs sammanlagda oljeproduktion under oktober 2018 uppgick till 37 502 fat, motsvarande 1 210 fat per dag.


Production report for October 2018

Petrosibir's total oil production in October 2018 amounted to 37,502 barrels, equivalent to 1,210 barrels per day.


Ny oljefyndighet upptäckt på prospekteringslicensen Aysky i Basjkirien

Petrosibir offentliggör att bolaget framgångsrikt har återöppnat en brunn som borrades under Sovjettiden, #141 på prospekteringslicensen Aysky i Basjkirien.


A new oil field discovery within the Aysky exploration block in Bashkiria

Petrosibir is pleased to announce that the Company has successfully re-entered an old Soviet well #141 within the the Aysky exploration licence in Bashkiria.


Produktionsrapport för september 2018

Petrosibirs sammanlagda oljeproduktion under september 2018 uppgick till 40 636 fat, motsvarande 1 355 fat per dag.


Production report for September 2018

Petrosibir's total oil production in September 2018 amounted to 40,636 barrels, equivalent to 1,355 barrels per day.


Resultat från fracking


Results of fraccing


Produktionsrapport för augusti 2018

Petrosibirs sammanlagda oljeproduktion under augusti 2018 uppgick till 43 006 fat, motsvarande1 387 fat per dag.

Nedanstående tabeller sammanfattar den genomsnittliga månatliga och dagliga oljeproduktionen för 2017 och produktionen 2018 för respektive region.


Production report for August 2018

Petrosibir's total oil production in August 2018 amounted to 43,006 barrels, equivalent to 1,387 barrels per day.

The tables below summarises the average monthly / daily production in 2017 and 2018, broken down by region.


Delårsrapport januari - juni 2018

Januari-juni 2018

  • Totala intäkter: 32 (20) mkr
  • Rörelseresultat: 4 (-2) mkr
  • Resultatandel från intressebolag 7 (6) mkr
  • Periodens resultat: 11 (4) mkr
  • Resultat per aktie: 0,36 (0,12)

Interim report January - June 2018

January - June 2018

  • Total revenue: SEK 32 (20) million
  • Operating result: SEK 4 (-2) million
  • Result from equity investment SEK 7 (6)
  • Net result: SEK 11 (4) million
  • Earnings per share: SEK 0.36 (0.12)

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