NOSTRUM OIL & GAS PLC announces financial results for first quarter ending March 31, 2019

21.05.19 17:52
/KASE, May 21, 2019/ – NOSTRUM OIL & GAS PLC (London), whose shares are officially listed on Kazakhstan Stock Exchange (KASE), has provided KASE with the following press release of May 21, 2019: 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 financial results in respect of the three-month period ending 31 March 2019. Highlights Financial - Revenue of US$95.4 million (Q1 2018: US$94.8 million) - Net operating cash flows1 of US$42.2 million (Q1 2018: US$56.0 million) - EBITDA of US$58.7 million (Q1 2018: US$57.2 million) - EBITDA margin of 61.5 % (Q1 2018: 60.3%) - Closing cash for the period of US$75.7 million (FY 2018: US$121.8 million) - Total debt of US$1,109.7 million and net debt of US$1,034.1 million as at 31 March 2019 unquote The full press release is available on KASE website: - http://kase.kz/files/emitters/GB_NTRM/gb_ntrm_reliz_210519_1.pdf – in Russian; - http://kase.kz/files/emitters/GB_NTRM/gb_ntrm_reliz_210519_eng_1.pdf – in English. [2019-05-21]