For immediate release 16 April 2010
Roxi Petroleum plc
Drilling Update
Roxi Petroleum plc ("Roxi" or "the Company"), the Central Asian oil and gas company with a focus on Kazakhstan, is pleased to announce that on the 14 April 2010, BNG Ltd LLP (Roxi interest 24.41%) has commenced drilling well 805 on the South Yelemes structure, on the BNG contract Area in the Mangistau Oblast, West Kazakhstan. The well is planned to reach a total depth of 2500m after 30 days and will evaluate Jurassic sandstones, south west of well 54.
Qualified Person
Duncan McDougall, Technical Director of Roxi Petroleum and a Fellow in the Geological Society, London, has reviewed and approved the technical disclosure in this announcement. He holds a BSc in Geology and has 25 years international experience of exploration, appraisal, and development of oilfields in a variety of environments
Enquiries
Roxi Petroleum plc
David Wilkes CEO +7 727 244 0920
Matrix Corporate Capital LLP (NOMAD and broker)
Alastair Stratton / Anu Tayal +44 203 206 7000
Buchanan Communications Hill (Financial PR)
Tim Thompson / Ben Romney +44 207 466 5000
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