16
Mar 2023
Production report February 2023
PRODUCTION REPORT FEBRUARY 2023

Petrosibir's total oil production during February 2023 amounted to 20,699 barrels, equivalent to 739 barrels per day.

The table below summarises the average monthly / daily production in 2023 and per month in 2022, broken down by region.

 

 

 

2022

2023

 

 

Average

Jan

Feb

Total production

 

 

 

 

Bashkiria

 

 

6 683

6 005

5 411

Komi

 

 

18 724

17 082

15 288

 

 

 

 

 

 

Total barrels

 

25 407

22 965

 20 699

 

 

 

 

 

 

Per day

 

 

 

 

 

Bashkiria

 

 

220

194

193

Komi

 

 

616

551

546

 

 

 

 

 

 

Total barrels per day

 

836

741

739

Petrosibir owns 100% of IngeoHolding and 51% of Company Ufa Petroleum, both Russian companies in Bashkiria. Each subsidiary holds two exploration/production licences. Petrosibir also owns 49% of the Cypriot company Ripiano, whose wholly owned Russian subsidiaries hold three production licences in Komi.

For more information, please contact:
Pavel Tetyakov, CEO, +46 8 407 1850

ptetyakov@petrosibir.com

www.petrosibir.com

The following documents can be retrieved from beQuoted

About Petrosibir

Petrosibir is a Swedish company focused on exploring and developing concessions in Russia. The company holds licences in the Russian republics of Bashkiria and Komi. Petrosibir's 2P oil and gas reserves amount to 33.6 million barrels of oil equivalent or 35.4 million barrels of ABC1+C2 Russian State Balance Reserves (similar to 2P reserves under SPE PRMS standards). The Petrosibir share is traded on the OTC-list at beQuoted starting from 17 February 2016 under the symbol PSIB-BThis is an English translation of the Swedish original. In case of discrepancies, the Swedish original shall prevail.