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.

Produktionsrapport för september 2019

Petrosibirs sammanlagda oljeproduktion under september 2019 uppgick till 37 144, motsvarande 1 238 fat per dag.


Production report for September 2019

Petrosibir's total oil production during September 2019 amounted to 37,144 barrels, equivalent to 1,238 barrels per day.


Produktionsrapport för augusti 2019

Petrosibirs sammanlagda oljeproduktion under augusti 2019 uppgick till 39 071, motsvarande 1 260 fat per dag.


Production report for August 2019

Petrosibir's total oil production during August 2019 amounted to 39,071 barrels, equivalent to 1,260 barrels per day.


Delårsrapport januari - juni 2019

Januari-juni 2019

  • Totala intäkter: 28 (32) mkr
  • Rörelseresultat: 2 (4) mkr
  • Resultatandel från intressebolag 0 (7) mkr
  • Periodens resultat: 2 (11) mkr
  • Resultat per aktie: 0,07 (0,36)

Interim report January - June 2019

January - June 2019

  • Total revenue: SEK 28 (32) million
  • Operating result: SEK 2 (4) million
  • Result from equity investment SEK 0 (7)
  • Net result: SEK 2 (11) million
  • Earnings per share: SEK 0.07 (0.36)

Produktionsrapport för juli 2019

Petrosibirs sammanlagda oljeproduktion under juli 2019 uppgick till 34 925, motsvarande 1 127 fat per dag.


Production report for July 2019

Petrosibir's total oil production during July 2019 amounted to 34,925 barrels, equivalent to 1,127 barrels per day.


Produktionslicens erhållen på Aysky-fältet

Petrosibir meddelar härmed att bolaget har erhållit en produktionslicens avseende den nyligen upptäckta oljefyndigheten på Aysky-fältet i Basjkirien.


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.


Produktionsrapport för juni 2019

Petrosibirs sammanlagda oljeproduktion under juni 2019 uppgick till 30 905, motsvarande 1 030 fat per dag.


Production report for June 2019

Petrosibir's total oil production during June 2019 amounted to 30,905 barrels, equivalent to 1,030 barrels per day.


Produktionsrapport för maj 2019

Petrosibirs sammanlagda oljeproduktion under maj 2019 uppgick till 33 348, motsvarande 1 076 fat per dag.


Production report for May 2019

Petrosibir's total oil production during May 2019 amounted to 33,348 barrels, equivalent to 1,076 barrels per day.


Kommuniké från årsstämma

Årsstämman i Petrosibir AB hölls den 28 maj 2019 varvid aktieägarna fattade i huvudsak följande beslut.


Communiqué from annual general meeting

Shareholders of Petrosibir AB passed the following main resolutions at the annual general meeting held on 28 May 2019.


Produktionsrapport för april 2019

Petrosibirs sammanlagda oljeproduktion under april 2019 uppgick till 32 632, motsvarande 1 088 fat per dag.


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.


Publicering av årsredovisningen 2018

Petrosibirs årsredovisning för 2018 finns från och med idag den 7 maj 2019 tillgänglig på bolagets hemsida www.petrosibir.com. Den är även bifogad detta pressmeddelande i PDF-format.


Annual report for 2018 published

Petrosibir's Annual report for 2018 is available as of today 7 May 2019 on the company's website www.petrosibir.com. A PDF of the report is attached to this press release.


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