Results from the first exploration well
Petrosibir has received positive results from the drilling of the first exploration well. Both oil and gas layers have been discovered.Petrosibir is currently drilling its first exploration well. At a depth of approximately 1700 metres, oil saturated sandstone layers were found. Earlier this year, a potentially productive gas formation was encountered in the Middle Carboniferous formation. Both the gas and oil layers have been cored and logged.“We have reached an important milestone in our exploration programme. The oil and gas shows correspond to the old drillings from the 1960s and