Production licence received for the Aysky oil field

Petrosibir is pleased to announce that the Company has received a production licence for the recently discovered Aysky oil field.

As previously announced, Petrosibir in 2018 successfully re-entered the old Soviet well #141 within the Aysky licence in Bashkiria. Following the re-entry the Company prepared and filed a reserves report which was approved by the Russian State Reserve Committee. Thanks to this, the Company has been able to book the additional recoverable AB1+B2 reserves of 7.3 million barrels of oil over two intervals (Kyn-Pashiysky and Orlovsky). The cost of the re-entry resulting in these additional reserves was only approximately SEK 2 million. Following approval of the reserves Petrosibir applied for a production licence which has now been issued. The production licence is for 20 years expiring in 2039. The discovery bonus payable on receiving the licence is about SEK 3.4 million where 20% is to be paid within a month and the remaining 80% over 5 years.

Having received the production licence the Company plans to launch test production before the end of the third quarter 2019. 

Stockholm, 1 August 2019  

For more information, please contact:
Pavel Tetyakov, CEO, Petrosibir, tel +46 8 407 1850
ptetyakov@petrosibir.com
Gunnar Danielsson, dep CEO / CFO Petrosibir, tel +46 70 738 0585
gunnar.danielsson@petrosibir.com
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.

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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