Coil tubing became stuck during clean-up operations at the first well of Roxi's programme, late in 2014.

Encouraging Roxi finds in Kazakhstan

Kazakhstan

ASTANA, May 1, 2015 – London-listed operator Roxi Petroleum has discovered encouraging hydrocarbons traces at a second deep well onshore Kazakhstan, though a stuck drill pipe had seized the first of the company’s two-well programme, preventing flow testing.

Analysis of drilling fluids from Deep Well 801, located in the BNG block, revealed traces of gas condensate that indicate oil-bearing potential, Roxi Petroleum said in a statement. The well targets the same Lower Carboniferous structure as Airshagyl, the first probe at the asset.

“Accordingly a core sample is being taken at a depth of between 4,646 and 4,664 metres to assess to the extent, if any, of indications of oil-bearing rock at this interval,” the company said.

The ongoing second probe is now a depth of 4,649 metres, in the Lower Permian.

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