Production report for December 2016

Petrosibir's total oil production in December 2016 amounted to 44,580 barrels, equivalent to 1,438 barrels per day.

The table below summarizes the production broken down by region.
 

  Dec 2016 Dec 2015  2016 2015 2014 2013 2012
Bashkiria 12 550 12 440 152 850 158 470 196 236 122 305 57 900
Komi *  32 030 15 190 354 180 15 190 0 0 0
Total barrels 44 580 27 630 507 030 173 660 196 236 122 305 57 900
Discontinued operations
Ukraine *

0

3 710


112 430

125 141

126 565

119 950
Total barrels 44 580 31 340 507 030 286 090 321 377 248 870 177 850
Bashkiria 405 401 418 434 538 335 158
Komi * 1 033 490 968 42 0 0 0
Total barrels per day 1 438 891 1 385 476 538 335 158
Discontinued operations
Ukraine *

0

120

0

308

343

347

328
Total barrels per day 1 438 1 011 1 385 784 880 682 486

* 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.

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. 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.


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