/KASE, July 31, 14/ – NOSTRUM OIL & GAS PLC (London) whose shares are officially
listed on Kazakhstan Stock Exchange (KASE), has provided KASE with the following
press-release of July 31, 2014:
quote
Nostrum Oil & Gas PLC (LSE: NOG) ("Nostrum", or "the Company"), an independent
oil and gas company engaging in the production, development and exploration of
oil and gas in the pre-Caspian Basin, today announces its operational update for
the first half year ended 30th June 2014. This update is being issued in advance
of the release of its unaudited and consolidated accounts for the same period,
which is scheduled for 28th August. The information contained in this update has
not yet been audited and remains subject to review by the independent auditors.
Highlights of exceptional operational and financial results:
- Record average daily production of 46,596 boepd
- Record revenue expected to be above US$445m
- Cash position of approximately US$458m (including short-term deposits)
and net debt of approximately US$517m
- Third annual distribution of US$0.35 cents per share paid on 6th June
2014
- Repayment of remaining portion of 2015 bonds in April 2014
- Premium Listing obtained
unquote
The full version of the press-release is available on KASE website at:
–
http://www.kase.kz/files/emitters/GB_NTRM/gb_ntrm_reliz_310714.pdf –
in Russian;
–
http://www.kase.kz/files/emitters/GB_NTRM/gb_ntrm_reliz_310714_en.pdf –
in English.
[2014-07-31]