/KASE, August 2, 2018/ – Zhaikmunai (Uralsk), whose bonds are officially listed
on Kazakhstan Stock Exchange (KASE), has provided the KASE with press release dated
August 2, 2018, which states as follows:
quote
Zhaikmunai LLP, a subsidiary of Nostrum Oil & Gas PLC (“Nostrum” or “the Company”
and together with its subsidiaries “the Group”) an independent oil and gas company
engaging in the production, development and exploration of oil and gas in the pre-Caspian
Basin, today announces it has entered into binding agreements to process third party
hydrocarbons delivered by Ural Oil & Gas LLP (“UOG”).
UOG is a company that is owned by KazMunaiGas (“KMG”) (50%), Sinopec (27.5%) and
MOL Group (“MOL”) (22.5%). According to the 2017 KMG Annual Report, the Rozhkovskoye
field has 196 million boe 2P reserves booked. Research produced by Wood Mackenzie
states that the company has already drilled and completed eight wells in the Rozhkovskoye
field. The Rozhkovskoye field is within 20km of Nostrum’s Chinarevskoye field.
unquote
Full version of the press release is available on KASE website (in Russian):
http://kase.kz/files/emitters/GB_NTRM/zhmn_reliz_020818_eng.pdf
[2018-08-02]