For immediate release 10 January 2011
Roxi Petroleum plc
NW Konys Pilot Production Consent Update
Roxi Petroleum ("Roxi" or "the Company"), the Central Asian oil and gas company with a focus on Kazakhstan, is pleased to announce that Galaz and Company LLP has received notification from the Ministry of Oil and Gas for Kazakhstan, of the resolution of the Committee of Geology and Sub-soil Use (Ministry of industry and new Technologies) to approve the Pilot Production Project for North West Konys field.
Final approval will be issued after receipt of the Emissions Permits for the Pilot Development scheme, the preparations for which have been started by Galaz with the appropriate official and government agencies.
David Wilkes CEO commented:
" We are very pleased to receive the notification on the Pilot Production approval for NW Konys field. This is an important step in receiving final consent, and Galaz starting production in 2011"
Enquiries
Roxi Petroleum plc
David Wilkes CEO +7 727 244 0920
Matrix Corporate Capital LLP (NOMAD and broker)
Alastair Stratton / Louis Castro +44 203 206 7000
Buchanan Communications (Financial PR)
Tim Thompson / Ben Romney / Chris McMahon +44 207 466 5000