/KASE, October 31, 14/ – NOSTRUM OIL & GAS PLC (London), whose shares are
officially listed on Kazakhstan Stock Exchange (KASE), today provided KASE with
the following press-release:
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 nine month period ended 30th September 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 26th November 2014. The information contained in
this update remains subject to review by the independent auditors.
Highlights:
- Average daily production of 45,204 boepd, above guidance of annual expected
average of 45,000 boepd
- Revenue expected to be in excess of US$620m
- Cash position of approximately US$516m (including short-term deposits) and
net debt of approximately US$463m
- Inclusion in the FTSE 250 index on the London Stock Exchange
unquote
The full press-release is available on KASE website at:
-
http://www.kase.kz/files/emitters/GB_NTRM/gb_ntrm_reliz_311014.pdf – in
Russian;
-
http://www.kase.kz/files/emitters/GB_NTRM/gb_ntrm_reliz_311014_en.pdf – in
English.
[2014-10-31]