Roxi Petroleum - Re: RXP Stream Log - Roxi Petroleum What happened: Little...

Roxi Petroleum What happened: Little has happened since Roxi Petroleum's (RXP) stockmarket listing and subsequent collapse six years ago. But investors' patience has been rewarded and a discovery at the Kazakhstan-focused explorer's flagship BNG asset just keeps on giving. A month ago, Roxi shares were trading at less than 4p each. Last week, it was almost 20p. That's because Well A5, the first deep well on the BNG contract area in which Roxi has 58.41% interest, had detected oil and gas shows at 4,332 metres. A first core sample over a 12 meter range was full of oil. Now, we hear that a further 18 metres has been successfully taken and is "oil saturated over its full length." That makes the aggregate thickness of the gross oil-bearing interval at least 33 metres. What users said: "Great news!" said 'tobytoby' on the Interactive Investor discussion board. "Like I said they would have already drilled through the 18 metres. Next Monday we can expect news of the next 18 metres of core samples to of been taken, all going well - then 7 metres to the main target 4,390 metres. What's beyond the following 7 metres?" "Excellent news today," said 'opulentia'."A 'company making' discovery. 33 meters deep and spread over a vast area, makes Roxi Petroleum an exciting company to be involved in at this early stage of development. Good luck all long-term holders, hang on and add when possible, it gets better, with more to follow, nice to see some fellow Gulf Keystone Petroleum (GKP) users following the success."