Roxi adds potential in Kazakhstan

Kazakh core: 33 metres of oil-bearing reservoir

Roxi Petroleum has shored up another 18 metres of core in the A5 well at the BNG contract area in Kazakhstan.

Initial examinations finding the core to be oil-saturated.

According to Roxi, this means the aggregate thickness of the oil-bearing reservoir is about 33 metres.

The company will continue to work on the samples until the oil shows disappear, now working on its third core sample.

Initially about 12 metres of core were booked in the well. Roxi announced this development earlier this month.

A flow rate will be announced once the core sampling is finished.

Chairman Cliver Carver said the 33-metre column was exiting for the company and highlighted the “potential of the deep horizons at the BNG Contract Area and look forward to establishing the full extent of this discovery."

This is the first deep wall at the BNG contract area which is situated in the west of Kazakhstan on the edge of the Mangistau Oblast.

Roxi has a 58.41% interest in the contract area.

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