Roxi Petroleum drills new well in Kazakhstan's Galaz field

1/11/2013

Roxi Petroleum drills new well in Kazakhstan's Galaz field

LONDON -- Roxi Petroleum, updated the market with the progress of Well NK-12, at its NW Konys asset Galaz, which was spudded on 23 November 2012. Well NK-12 is located to the south of currently producing wells at Galaz, which in aggregate are now producing in excess of 1,000 bopd. Roxi has a 34.22% interest in Galaz.

NK-12 has been drilled to a total depth of 1,402 m, and wireline logging has been run. The wireline log interpretation indicated that the well encountered an oil-bearing zone in the Cretaceous interval from 1,285 to 1,292.8 m. Production casing has been run and cemented for perforating the above interval for testing.

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