Year-end report January - December 2020

January - December 2020

  • Total revenue: SEK 39 (58) million
  • Operating result: SEK -1 (4) million
  • Impairment Ripiano -55 (0) million
  • Net income SEK -55 (4) million
  • Earnings per share: SEK -1.86 (0.14)

July - December 2020

  • Revenue: SEK 19 (30) million
  • Operating result: SEK -1 (2) million
  • Impairment Ripiano -24 (0) million
  • Net income SEK -25 (2) million
  • Earnings per share: SEK -0.85 (0.07)

Statement from CEO

Dear Shareholders,

I am pleased to announce the year-end results for 2020.

2020 was a very difficult year. The entire world encountered unprecedented challenges, and the oil industry was one of those hit badly by the COVID crisis. Nevertheless, PetroSibir remained strong and quickly adapted to the new conditions. Efficient costs management combined with flexible Russian taxation of the oil industry helped us to minimise the losses. In addition, with our new partner in Bashkiria we successfully drilled the first exploration well in the Suyanovskoye licence and are now drilling the second. The new reserves and production along with growing oil prices have substantially increased the assets value and bring new opportunities.

Pavel Tetyakov, CEO

Upcoming financial reporting

Annual report 2020 April 2021
Annual General Meeting 2021 May / June 2021

This information was released for publication on 26 February 2021.

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

Borruppdatering - Bashkirien


Drilling update - Bashkiria


Produktionsrapport för februari 2021

Petrosibirs sammanlagda oljeproduktion under februari 2021 uppgick till 28 939, motsvarande 1 034 fat per dag.


Production report for February 2021

Petrosibir's total oil production during February 2021 amounted to 28,939 barrels, equivalent to 1,034 barrels per day.


Bokslutskommuniké 2020

Januari-december 2020

  • Totala intäkter: 39 (58) mkr
  • Rörelseresultat: -1 (4) mkr
  • Nedskrivning Ripiano -55 (0) mkr
  • Årets resultat -55 (4) mkr
  • Resultat per aktie -1,86 (0,14) kr

Juli-december 2020

  • Intäkter: 19 (30) mkr
  • Rörelseresultat: -1 (2) mkr
  • Nedskrivning Ripiano -24 (0) mkr
  • Periodens resultat -25 (2) mkr
  • Resultat per aktie -0,85 (0,07) kr

Year-end report January - December 2020

January - December 2020

  • Total revenue: SEK 39 (58) million
  • Operating result: SEK -1 (4) million
  • Impairment Ripiano -55 (0) million
  • Net income SEK -55 (4) million
  • Earnings per share: SEK -1.86 (0.14)

July - December 2020

  • Revenue: SEK 19 (30) million
  • Operating result: SEK -1 (2) million
  • Impairment Ripiano -24 (0) million
  • Net income SEK -25 (2) million
  • Earnings per share: SEK -0.85 (0.07)

Produktionsrapport för januari 2021

Petrosibirs sammanlagda oljeproduktion under januari 2021 uppgick till 32 375, motsvarande 1 044 fat per dag.


Production report for January 2021

Petrosibir's total oil production during January 2021 amounted to 32,375 barrels, equivalent to 1,044 barrels per day.


Produktionsrapport för december 2020

Petrosibirs sammanlagda oljeproduktion under december 2020 uppgick till 33 388, motsvarande 1 077 fat per dag.


Production report for December 2020

Petrosibir's total oil production during December 2020 amounted to 33,388 barrels, equivalent to 1,077 barrels per day.


Borruppdatering - Bashkirien


Drilling update - Bashkiria


Borruppdatering - Bashkirien


Drilling update - Bashkiria


Produktionsrapport för november 2020

Petrosibirs sammanlagda oljeproduktion under november 2020 uppgick till 31 659, motsvarande 1 055 fat per dag.


Production report for November 2020

Petrosibir's total oil production during November 2020 amounted to 31,659 barrels, equivalent to 1,055 barrels per day.


Produktionsrapport för oktober 2020

Petrosibirs sammanlagda oljeproduktion under oktober 2020 uppgick till 31 854, motsvarande 1 028 fat per dag.


Production report for October 2020

Petrosibir's total oil production during October 2020 amounted to 31,854 barrels, equivalent to 1,028 barrels per day.


Borrning av två prospekteringsbrunnar i Basjkirien

Petrosibir offentliggör härmed att ett avtal har träffats om borrning av två prospekteringsbrunnar på Suyanovskoye-licensen i Basjkirien. Borrningarna kommer finansieras av en partner mot en ägarandel motsvarande 49% i licensen.


Drilling of two exploration wells in Bashkiria

Petrosibir is pleased to announce that it has entered into an agreement to drill two exploration wells on the Suyanovskoye licence block in Bashkiria. The drilling of these wells will be financed by the partner in exchange for a 49% interest in the licence block.


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