/KASE, October 30, 2018/ – NOSTRUM OIL & GAS PLC (London), whose shares are
officially listed on Kazakhstan Stock Exchange (KASE), has provided KASE with
the following press release dated October 30, 2018:
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 preCaspian Basin, today announces its operational update in
respect of the nine-month period ending 30 September 2018. This update is being
issued in advance of the release of Nostrum’s consolidated accounts for the
same period. The information contained in this update remains subject to review
by the Company’s independent auditors.
Highlights
Operational
- 9M 2018 average production after treatment of 31,757 boepd
- 9M 2018 average sales volumes of 30,523 boepd
- Q3 2018 average sales volumes of 31,776 boepd
Financial
- 9M 2018 Revenues expected to be in excess of US$310 million (9M 2017:
US$304 million)
- 9M 2018 Cash position in excess of US$102 million (H1 2018: US$135 million)
- Total debt expected not to exceed US$1,108 million and net debt expected
not to exceed approximately US$1,013 million as at 30 September 2018
unquote
The full press release is available on KASE website:
-
http://kase.kz/files/emitters/GB_NTRM/gb_ntrm_reliz_301018_1.pdf – in Russian;
-
http://kase.kz/files/emitters/GB_NTRM/gb_ntrm_reliz_301018_eng_1.pdf – in English
[2018-10-30]