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Petrosibir: Production report for March 2020 

Production report for March 2020

Petrosibir's total oil production during March 2020 amounted to 45,600 barrels, equivalent to 1,471 barrels per day.

The table below summarises the average monthly / daily production in 2020 and 2019, broken down by region.

2019

2020

Average

Jan

Feb

Mar

Total production

Bashkiria

10 469

10 622

9 782

10 373
Komi 24 301

36 428

35 649 35 227

Total barrels

34 771

47 050 45 431

45 600

Per day

Bashkiria

344

343

337

335

Komi

799

1 175

1 229

1 136

Total barrels per day

1 143

1 518

1 567

1 471

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

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

The following documents can be retrieved from beQuoted
Petrosibir Pressrelease 2020-04-14.pdf

About Petrosibir
Petrosibir is a Swedish company focused on exploring and developing concessions in Russia. The company holds licences 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.

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