Strategy
The strategy is to build a diversified portfolio of oil and gas exploration and production assets in Kazakhstan and Central Asia.
Roxi targets projects which have oil discoveries and exhibit a potential for considerable development and exploration upside. Currently the focus is on Kazakhstan as a result of numerous niche onshore opportunities and the extensive operational experience of the management team in the country.
The oil producing regions of Kazakhstan have already witnessed significant discoveries and have an extensive extraction and distribution infrastructure. Presently we have interests in four exploration and production contract areas spread over three petroleum basins:
- Pre-Caspian basin in Western Kazakhstan
- Mangyshlak basin in Western Kazakhstan
- Turgai basin in Central Kazakhstan
The aim is to monetize proven undeveloped discoveries using modern technology and drilling techniques and to work with local partners who are already established in Kazakhstan and the territories in which Roxi wish to operate. Roxi is focused on developing these assets against the backdrop of an improving financial position.
