Production report for October 2017

Petrosibir's total oil production in October 2017 amounted to 43,912 barrels, equivalent to 1,417 barrels per day.

Petrosibir's total oil production in October 2017 amounted to 43,912 barrels, equivalent to 1,417 barrels per day.The table below summarizes the production broken down by region and month in 2017.

2017
  Jan Feb Mar Apr May Jun Jul Aug Sep Oct
Total production                    
Bashkiria 13 280 12 030 13 290 12 660 13 045 12 605 13 250 13 190 13 103 13 757
Komi 32 820 27 720 29 150 29 390 27 910 26 415 28 045 26 430 27 771 30 155
                     
Total barrels 46 100 39 750 42 440 42 050 40 955 39 020 41 295 39 620 40 874 43 912
                     
Per day                    
Bashkiria 428 430 429 422 421 420 427 425 437 444
Komi 1 059 990 940 980 900 881 905 853 926 973
                     
Total barrels per day 1 487 1 420 1 369 1 402 1 321 1 301 1 332 1 278 1 362 1 417

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

Stockholm, 13 November 2017

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 licenses 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