Year-end report January - December 2019

January - December 2019

  • Total revenue: SEK 58 (63) million
  • Operating result: SEK 4 (2) million
  • Net income SEK 4 (7) million
  • Earnings per share: SEK 0.14 (0.23)

July - December 2019

  • Revenue: SEK 30 (31) million
  • Operating result: SEK 2 (-3) million
  • Net income SEK 2 (-4) million
  • Earnings per share: SEK 0.07 (-0.13)

Statement from CEO

Dear Shareholders,

I am pleased to announce the year-end results for 2019.

In spite of worse market conditions, i.e. lower oil prices, and natural production decline in Bashkiria we have further improved the operating margin and increased our cash reserves. We put the new Ayskoye oil field into pilot production, which demonstrated future development potential. Our oil trading activity has almost tripled in size and added to the successful year.

We also continued testing the market for a potential sale and in spite of the lengthy process have made some encouraging progress. At the same time we continue evaluating further exploration and development opportunities within our assets portfolio.

Pavel Tetyakov, CEO

Upcoming financial reporting

Annual report 2019, April 2020
Annual General Meeting 2020, 28 May 2020

This information was released for publication on 28 February 2020.

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. The Petrosibir share is traded on the OTC-list at beQuoted starting from 17 February 2016 under the symbol PSIB-B.

Nerladdningsbara filer

Kallelse till årsstämma i Petrosibir AB (publ)

Aktieägarna i Petrosibir AB (publ) (nedan "bolaget") kallas till årsstämma den 25 juni 2020 kl. 10.00 på Nybrogatan Business Center, Nybrogatan 34 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 25 June 2020 at Nybrogatan Business Center, Nybrogatan 34 in Stockholm.




Produktionsrapport för april 2020

Petrosibirs sammanlagda oljeproduktion under april 2020 uppgick till 38 508, motsvarande 1 283 fat per dag.


Production report for April 2020

Petrosibir's total oil production during April 2020 amounted to 35,808 barrels, equivalent to 1,283 barrels per day.


Årsstämman 2020 framflyttad

Styrelsen i Petrosibir AB (publ) har beslutat att skjuta upp årsstämman till ett senare datum. Årsstämman var ursprungligen planerad att hållas den 28 maj 2020. Nytt preliminärt datum är den 25 juni 2020. Bakgrunden till den uppskjutna stämman är de beslut och rekommendationer som myndigheter utfärdat den senaste tiden för att förhindra eller begränsa smittspridningen av coronaviruset, COVID-19.


The AGM 2020 has been re-scheduled

The Board in Petrosibir AB (publ) has decided to postpone the date for the 2020 Annual General Meeting (AGM) to a later date. The AGM was originally scheduled to be held on 28 May 2020. The new preliminary date has been set to 25 June 2020. The background for the decision to postpone the AGM is the resolutions and recommendations issued by various authorities lately to stop or limit the spread of the corona virus, COVID-19.


Produktionsrapport för mars 2020

Petrosibirs sammanlagda oljeproduktion under mars 2020 uppgick till 45 600, motsvarande 1 471 fat per dag.


Production report for March 2020

Petrosibir's total oil production during March 2020 amounted to 45,600 barrels, equivalent to 1,471 barrels per day.


Produktionsrapport för februari 2020

Petrosibirs sammanlagda oljeproduktion under februari 2020 uppgick till 45 431, motsvarande 1 567 fat per dag.


Production report for February 2020

Petrosibir's total oil production during February 2020 amounted to 45,431 barrels, equivalent to 1,567 barrels per day.


Bokslutskommuniké 2019

Januari-december 2019

  • Totala intäkter: 58 (63) mkr
  • Rörelseresultat: 4 (2) mkr
  • Årets resultat 4 (7) mkr
  • Resultat per aktie 0,14 (0,23) kr

Juli-december 2019

  • Intäkter: 30 (31) mkr
  • Rörelseresultat: 2 (-3) mkr
  • Periodens resultat 2 (-4) mkr
  • Resultat per aktie 0,07 (-0,13) kr

Year-end report January - December 2019

January - December 2019

  • Total revenue: SEK 58 (63) million
  • Operating result: SEK 4 (2) million
  • Net income SEK 4 (7) million
  • Earnings per share: SEK 0.14 (0.23)

July - December 2019

  • Revenue: SEK 30 (31) million
  • Operating result: SEK 2 (-3) million
  • Net income SEK 2 (-4) million
  • Earnings per share: SEK 0.07 (-0.13)

Produktionsrapport för januari 2020

Petrosibirs sammanlagda oljeproduktion under januari 2020 uppgick till 47 050, motsvarande 1 518 fat per dag.


Production report for January 2020

Petrosibir's total oil production during January 2020 amounted to 47,050 barrels, equivalent to 1,518 barrels per day.


Produktionsrapport för december 2019

Petrosibirs sammanlagda oljeproduktion under december 2019 uppgick till 33 852, motsvarande 1 092 fat per dag.


Production report for December 2019

Petrosibir's total oil production during December 2019 amounted to 33,852 barrels, equivalent to 1,092 barrels per day.


Verksamhetssammanfattning 2019

När 2019 nu närmar sig sitt slut passar Petrosibir på att sammanfatta de viktigaste händelserna under året.


Operational summary 2019

As we are approaching the year end, we would like to summarise the Company's key events and achievements in year 2019.


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