Production report for April 2017

Production report for April 2017 Petrosibir's total oil production in April 2017 amounted to 42 050 barrels, equivalent to 1,402 barrels per day.

The table below summarizes the production broken down by region.

  Apr 2017 Apr 2016  2016 2015 2014 2013
Bashkiria 12 660 13 120 152 850 158 470 196 236 122 305
Komi *  29 390 28 320 354 180 15 190 0 0
Total barrels 42 050 41 440 507 030 173 660 196 236 122 305
Discontinued operations
Ukraine *

0

0


112 430

125 141

126 565
Total barrels 42 050 41 440 507 030 286 090 321 377 248 870
Bashkiria 422 437 418 434 538 335
Komi * 980 944 968 42 0 0
Total barrels per day 1 402 1 381 1 385 476 538 335
Discontinued operations
Ukraine *

0

0

0

308

343

347
Total barrels per day 1 402 1 381 1 385 784 880 682

 

* 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.

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

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

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


Om Petrosibir

Petrosibir är ett svenskt bolag med inriktning på prospektering och utvinning av olja och gas i Ryssland.

Webbplats
petrosibir.com
Bransch
Olja och gas

Prenumerera

Få löpande information från Petrosibir via e-post.

Handelsinformation

Marknad beQuoted inofficiella Kortnamn PSIB-B ISIN-kod SE0000514572