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Petrosibir: Production report for June 2021 

Production report for June 2021

Petrosibir's total oil production during June 2021 amounted to 31,311 barrels, equivalent to 1,044 barrels per day.

The table below summarises the average monthly / daily production in 2020 and per month in 2021, broken down by region.

2020

2021

Average

Jan

Feb

Mar

Apr

May

June

Total production

Bashkiria

9 777

9 446

7 964

8 738

8 366

7 877

9 190

Komi

27 230

22 929

20 975

21 545

20 271

21 719

22 121

Total barrels

37 007

32 375

28 939

30 283

28 637

29 595

31 311

Per day

Bashkiria

321

305

284

282

279

254

306

Komi

894

740

749

695

676

701

737

Total barrels per day

1 215

1 044

1 034

977

955

955

1 044

As announced earlier commercial production on Yanbayskoye oil field started on 1 June 2021. The production numbers for Bashkiria from now on will include Petrosibir's 51% share of this production.

Petrosibir owns 100% of Ingeo Holding and 51% of Company Ufa Petroleum, both Russian companies in Bashkiria. Each subsidiary holds two exploration/production licences. 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 2021-07-12 eng.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. Petrosibirs shares are 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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