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.

The table below summarises the average monthly / daily production in 2019 and 2018, broken down by region.

 TOTAL PRODUCTION, BBL 2018 2019
  Average Jan Feb Mar Apr May Jun
Bashkiria 12 916 11 884 10 607 9 826 9 892 10 227 9 833
Komi 27 778 23 883 21 981 25 201 22 741 23 121 21 072
Total barrels 40 694 35 767 32 587 35 027 32 632 33 348 30 905
               
    Jul Aug Sep Okt Nov Dec
Bashkiria   10 563 10 746  10 505      
Komi   24 362 28 326  26 640      
Total barrels   34 925 39 071  37 144      
               
PRODUCTION PER DAY, BBL 2018 2019
  Average Jan Feb Mar Apr May Jun
Bashkiria 425 383 379 317 330 330 328
Komi 914 770 785 813 758 746 702
Total barrels per day 1 339 1 154 1 164 1 130 1 088 1 076 1030
               
    Jul Aug Sep Okt Nov Dec
Bashkiria   341 347  350       
Komi   786 914  888       
Total barrels per day   1 127 1 260  1 238       

Petrosibir owns 100% of the Russian company Ingeo Holding, which holds a production licence in Bashkiria. Petrosibir also owns 49% of the Cypriot company Ripiano, whose wholly owned Russian subsidiaries hold three production licences in Komi.

Stockholm, 11 October 2019

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. 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.


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