Roxi Petroleum

Description

Roxi was formed on 13 October 2006 to acquire controlling interests in and develop oil and gas assets in Central Asia, with a focus on Kazakhstan.

The initial strategy will be to target projects which have oil discoveries and exhibit a potential for considerable development and / or exploration upside. This strategy will allow the Company to rapidly add value to its projects by upgrading reserves levels and planning for the earliest possible production date.

The Company's senior management team has significant experience in the region and industry having worked across a diversified number of countries and climates including Kazakhstan, the Middle East, Europe, the former Soviet Union, Russia, Africa, and the United States with major oil companies including Royal Dutch Shell, BP, Mobil, and a variety of joint venture operations.