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Roxi Petroleum: Spudding of BNG Well 136

Roxi, the Central Asian oil and gas company with a focus on Kazakhstan, is pleased to announce that the BNG well 136 on the North Yelemes structure was spudded on 16 December 2011.

Drilling is expected to take approximately 40 days and the well is planned to drill to a total depth of 2950 metres.  This exploration well is targeted to encounter Jurassic Bajocian sands at a depth of 2550 metres and a secondary objective in the Triassic sands at a depth of 2840 metres.

David Wilkes, CEO commented,

“We look forward to the results from well 136 and the additional information that we will obtain on the North Yelemes structure as we prepare for the commencement of pilot production from South Yelemes.”

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