Roxi Petroleum is behind well drilling schedule
Edited by Rhod Mackenzie / 2013-11-18 05:49:47
The company’s shares are down by 3.8% amidst operating results
The oil company Roxi Petroleum has published an operating report for January-November 2013. According to the information, it is behind an announced drilling schedule of deep and shallow wells. They expected in July 2013 that the first deep well would reach scheduled depth of 4700 meters in October-November 2013. However, as of November 3, 2013 the company drilled 3060 meters or 2/3 of the scheduled depth.
