April oil production

West Siberian Resources Ltd’s oil production during April amounted to 165,180 barrels, or 5,506 barrels per day. The April reporting period was 30 days.

Oil was produced from the Middle Nyurola-, Kluchevskoye- and the Khvoinoye fields. Well no 123 was drilled, completed and will be put on production in May. Currently, horizontal well no 126 and well no 141 are being drilled. One additional drilling rig has been employed and three rigs are now operating. The pipeline connecting the three fields has been completed. ”The drilling program is executed according to plan. We now utilise three rigs to accelerate field development.” says Maxim Barski, Managing director, West Siberian Resources.