Exploration Extraction KazMunayGas JSC puts on the market the range of its non-profile assets

/INTERFAX-KAZAKHSTAN, Astana, February 28, 07/ - Exploration Extraction KazMunayGas JSC (the oil producing daughter of the national oil-gas company KazMunayGas) puts for sale the range of its non-profile assets through tender, I is specified in the company's message, published in the official press. Accordingly, the company will put on market 100% share of its part in the authorized capital of Car-repairing service center LLP, 100% share in Embamunayavtomatica LLP (the primary activity is automation, telemechanization), 99% shares holding in Sanatorium Atyrau, 100% share in Akniet-emba LLP (the primary activity - storing, stacking and selling of good- material stuffs). The guarantee due for the first lot is KZT4 m., for the second - KZT25 m., on the lot N3 - KZT55 m., on the lot N4 - KZT10 m. The current rate is KZT123.71/$1. The tender offerings will be accepted up to March 16 of the current year, the date of tender holding is determined on March 19. Exploration Extraction KazMunayGas JSC were founded in March 2004 as a result of merging of daughter companies of KazMuanayGas - Embamunaygas and Uzenmunaygas, which extract 188 th. barrels of oil a day. The company is one of the biggest oil producers in Kazakhstan. Within frameworks of the initial offering of shares (IPO) on September 28 2006 Exploration Extraction KazMunayGas JSC offered 23,086,791 shares on London stock exchange and KASE. [2007-02-28]