Roxi Petroleum

Roxi Petroleum reported that Well 143 in the BNG Contract Area of western Kazakhstan is “flowing strongly” after encountering oil shows late last year. Average daily flow rates were 520 BOPD with a 3-mm choke, 675 BOPD with a 5-mm choke, and 815 BOPD with a 7-mm choke. The improved flow rates have resulted from the perforation of five additional intervals. The well, which lies in the Pre-Caspian Basin, was drilled to a 9,022-ft total depth. Roxi has a 58.41% interest in the contract area, which is about 25 miles southeast of Tengiz.