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.

The table below summarises the average monthly / daily production in 2019 and 2018, broken down by region.

                               2018 2019  
  Average Jan Feb Mar Apr
Total production          
Bashkiria 12 916 11 884 10 607 9 826 9 892
Komi 27 778 23 883 21 981 25 201 22 741
Total barrels 40 694 35 767 32 587 35 027 32 632
           
Per day          
Bashkiria 425 383 379 317 330
Komi 914 770 785 813 758
Total barrels per day 1 339 1 154 1 164 1 130 1 088


Petrosibir owns 100% of the Russian company Ingeo Holding, which holds a production licence in Bashkiria. Petrosibir also owns 49% of the Cypriot company Ripiano, whose wholly owned Russian subsidiaries hold three production licences in Komi.

Stockholm, 14 May 2019

For more information, please contact:
Pavel Tetyakov, CEO, +46 8 407 1850
[email protected] 

Gunnar Danielsson, deputy CEO and CFO, +46 70 738 0585
[email protected] 
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.


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