On 4 November, Roxi Petroleum announced that the Kazakhstan authorities were about to consider the revised reserves for the NW Konys field on the Galaz block, with results expected on 11 November.
We are still awaiting official confirmation from Roxi; but on 25 November, one of the shareholders of Baverstock (a major shareholder of Roxi), Dae Han New Pharm appears to have announced that the revised gross 2C reserves to GOST standards are 16 million barrels of oil (mmbo) (43.4% net to Roxi), compared to prior reserves of 12.6mmbo in the 2008 Annual Report.
This is somewhat below expectations of ~30mmbo, but is nevertheless an improvement. However, the numbers are coming from a Google translation of a page published in Korean, so we must treat this with some scepticism for the time being.
Links to:
Dae Han New Pharm website: https://www.dhnp.co.kr/default.asp
Dae Han press release from 25 November: https://www.dhnp.co.kr/news/notice_read.asp?id=80&page=1&pos=80
Note that unless you can read Korean, you will have to use a translation tool to understand what is being said.
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