/KASE, June 2, 14/ – КаzМunaiGas Exploration Production JSC (Astana), whose shares are officially listed on Kazakhstan Stock Exchange (KASE), has provided KASE with the following press-release of June 2, 2014:

quote

JSC КаzМunaiGas Exploration Production ("КМG EP" or the "Company") is pleased to announce the result of the verification of reserves at 31 December 2011 and 2012 in the Ozenmunaigas, Embamunaigas and Ural Oil and Gas (50% ownership) fields.

In summary, KMG EP will continue to use the reserves assessment made by Miller and Lents Ltd. ("M&L") as of 31 December 2012 and the reserves assessment made by Gaffney, Cline & Associates ("GCA") as of 31 December 2011 as final assessments. The estimation of the Company’s reserves at 31 December 2013, announced on 11 April 2014, is unaffected by this review.

unquote

The full version of the press-release is available on KASE website in Russian at see more

[2014-06-02]