Production report for July 2021

Petrosibir's total oil production during July 2021 amounted to 31,405 barrels, equivalent to 1,013 barrels per day.

The table below summarises the average monthly / daily production in 2020 and per month in 2021, broken down by region.

TOTAL PRODUCTION, BBL

2020

2021

Average

Jan

Feb

Mar

Apr

May

Jun

Bashkiria

9 777

9 446

7 964

8 738

8 366

7 877

9 190

Komi

27 230

22 929

20 975

21 545

20 271

21 719

22 121

Total barrels 37 007 32 375 28 939 30 283 28 637 29 595 31 311
Jul Aug Sep Okt Nov Dec
Bashkiria 7 971
Komi 23 433
Total barrels 31 405

PRODUCTION PER DAY, BBL

2020 2021

Average Jan Feb Mar Apr May Jun

Bashkiria

321

305

284

282

279

254

306

Komi

894

740

749

695

676

701

737

Total barrels per day

1 215

1 044

1 034

977

955

955

1 044

Jul Aug Sep Okt Nov Dec

Bashkiria

257

Komi

756

Total barrels per day

1 013

The Yanbayskaya-1 well which started production on 1 June 2021 was temporarily shut down in July for arrangements to add production from the Bobrikovskiy horizon. The well now produces oil from two horizons, Kyn-Pashiyskiy and Bobrikovskiy, simultaneously.

Petrosibir owns 100% of Ingeo Holding and 51% of Company Ufa Petroleum, both Russian companies in Bashkiria. Each subsidiary holds two exploration/production licences. Petrosibir also owns 49% of the Cypriot company Ripiano, whose wholly owned Russian subsidiaries hold three production licences in Komi.

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. Petrosibirs shares are 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