History
Commence testing and evaluation of well NK-9 on NW Konys
Commence production from NK-6 well on NW Konys
Gas Flaring consent received for NW Konys
Spud well 136 on North Yelemes
Gas Flaring consent received for South Yelemes
Options awarded to Directors and key employees
Spud well NK-10 on NW Konys
Spud well NK-9 on North West Konys
Mobilize rig to North Yelemes to drill well 136 to 2,950 metres
Cancellation of sale purchase agreement with BT Corporation for its 58.41% interest in Munaily
Conversion of debt due to Kuat Oraziman and Vertom International NV into ordinary shares in Roxi Petroleum Plc
Secure new loan facility of US$ 5 million with Vertom International IV
Issue Interim Results to 30 June 2011
Seek additional financing arrangements for BNG
Annual General Meeting
Resource estimate for BNG contractual area by Gaffney Cline & Associates to be moved to June 2011
Cancellation of Canamens farm-out. Roxi regains controlling interest in BNG
Water injection permit for Galaz
Canamens announced reduction in funding commitment
90 day test production from BNG Well 805
BNG Well 135 on North Yelemes – dry hole
Confirmation of two year extension to SSUC for NW Konys received
Notification on the Pilot Production for Galaz and BNG received
Full consideration of US$15.6 million for the sale of 40% interest in Galaz to LGI received
Well NK 20 shows oil encountered over three intervals
Successful amendment of BNG work program for the period June 2007 to June 2011
Final approval from government authority to sell 40% interest in Galaz to LGI
Completed sale of 40% interest in NW Konys to LGI
Spud NK 20 well in NW Konys
Spud BNG well 135 (MJ-A)
Project financing roadshow
Sale of interest in Ravinnoe
BNG 3D seismic program completed
Submit application for Pilot production licence at South Yelemes
Announce interim half year results
Spud well 806 at Yelemes field
Annual General Meeting
McDaniel SPE Galaz reserves determined
Ravninnoe well 20 test production
North Yelemes seismic completion
Roxi repays Altius loan of US$5 million
Sale of Galaz 40% announced
LGI financing $20 million for appraisal & development of NW Konys field
Spud well 805 at Yelemes field
BNG test well #54, which yield 200 b.o.p.d
Ravninnoe well 20 tests 240 b.o.p.d
BNG seismic acquisition starts
Galaz applies for NK22 extension
Canamens exercise BNG farm-out option (Stage 2)
Roxi repays the US$3 million Altius convertible loan
Altius exercise 2 million warrants
Edmund Limerick appointment as Nonexecutive Director
Hyunsik Jang appointment as COO
Second discovery on Galaz Contract Area NK 22
David Wilkes appointed as CEO
Ravninnoe Well 20 drilled to 3455m, encountering hydrocarbons
Ravninnoe Well 20 TD’s BNG farm-out with Canamens completes (Stage 1)
Site preparation for South Yelemes
Application for pilot production on NW Konys
Spud NK 22 Galaz
David Wilkes appointed as CFO
Matrix Corporate Capital LLP appointed Nominated Adviser and Broker
General Meeting to approve the sale of the Company’s interests in BNG Ltd LLP
Interim Financials to 30 June 2009 released
Annual General meeting
Extended Ravninnoe exploration period to 2011
Ravninnoe farm-out with Canamens completes
Seismic evaluation on Ravninnoe
Four wells successfully drilled on Galaz
Galaz testing 4 wells on North Konys. Max rate 1200 b.o.p.d
General Meeting with special resolution to rebase the nominal value of the Company’s shares
Completed 668 km2 3D acquisition on BNG
Galaz completes sales/delivery agreements with KuatAmlonMunai LLP to receive the test production
Advance funding of BNG by Canamens
Canamens paid US$8.5 million to fund Ravninnoe work program
Successful completion of the five well appraisal drilling programme at NW Konys