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Petrosibir: Production report for September 2020 

Production report for September 2020

Petrosibir's total oil production during September 2020 amounted to 31,866 barrels, equivalent to 1,062 barrels per day.

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

TOTAL PRODUCTION, BBL 2019 2020
Average Jan Feb Mar Apr May Jun
Bashkiria 10 469 10 622 9 782 10 373 9 694 10 096 9 709
Komi 24 301 36 428 35 649 35 227 28 814 24 106 27 509
Total barrels 34 771 47 050 45 431 45 600 38 508 34 202 37 218
Jul Aug Sep Okt Nov Dec
Bashkiria 9 592 9 424 9 454
Komi 25 022 23 274 22 412
Total barrels 34 614 32 699 31 866
PRODUCTION PER DAY, BBL 2019 2020
Average Jan Feb Mar Apr May Jun
Bashkiria 344 343 337 335 323 326 324
Komi 799 1 175 1 229 1 136 960 778 917
Total barrels per day 1 143 1 518 1 567 1 471 1 283 1 103 1 241
Jul Aug Sep Okt Nov Dec
Bashkiria 309 304 315
Komi 807 751 747
Total barrels per day 1 117 1 055 1 062

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.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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