/KASE, October 17, 07/ - Exploration Production KazMunayGas JSC
(Astana), shares of which are traded in Kazakhstan stock exchange's
(KASE) category "A" official list had spread today the press-release in which
the following is informed:
quotation begin
Astana, October 17, 2007, Exploration Production KazMunayGas JSC (EP
KMG JSC, Company) announced that volume of oil extraction for nine
months of current year made 7,763 th. tons. It is by 640.5 th. tons more than
for the same period of last year. Increase of extraction, mainly is connected
to purchasing on April 24, 2007 of 50%-ge stake of participation in JV
Kazgermunay LLP (Kazgermunay). During 159 days since moment of deal
till end of September 2007 stake from total extraction of company
Kagermunay, belonging to EP KMG made 656 th. tons of oil.
Without consideration of stake of EP KMG in the company Kazgermunay for
nine months of current year volume of extraction of the Company made
7,108 th. tons of oil, which is compared to level of extraction for the same
period of last year.
According to preliminary data for nine months of year 2007 by the system of
mainline oil pipeline to buyers were delivered 7,190 th. tons of raw oil
(without consideration of oil of company Kazgermunay), including for export
- 5,572 th. tons of oil, what is by 11.5% more than for nine months of last
year.
For third quarter of year 2007 stake from volumes of sales of company
Kazgermunay, belonging to EP KMG made 331 th. tons of oil, including 286
th. tons of oil for export.
REFERENCE:
EP KMG - takes third place in Kazakhstan by volume of extraction of oil and
gas, exceeded 9.5 m. tons (192 th. barrels per 24 hours) in year 2006, with
volume of proved and possible reserves 203.2 m. tons (1.5 bn. barrels) as of
end of year 2006. Shares of the company were offered on Kazakhstan stock
exchange, and global depository receipts - on London stock exchange.
During IPO in October 2006 Company borrowed more than $2 bn..
Contact information:
EP KMG JSC, Public relations (+7 7172 977908, +7 7172 977924)
Lyazzat Kokkozova
e-mail: pr@kmgep.kz
EP KMG JSC, Institutional investors connections (+7 7172 975433)
Alexander Gladyshev
e-mail: ir@kmgep.kz
WMC Communications Ltd (+44 207 930 9030)
Elena Dobson
e-mail: Elena.dobson@wmccommunications.com
Quotation end
Full version of press-release of Exploration Production KazMunayGas JSC is
available on the web site of KASE at:
-
http://www.kase.kz/emitters/scan/rdgz/rdgz_reliz_171007k.pdf - in
Kazakh language;
-
http://www.kase.kz/emitters/scan/rdgz/rdgz_reliz_171007.pdf - in
Russian language;
-
http://www.kase.kz/emitters/scan/rdgz/rdgz_reliz_171007e.pdf - in
English language.
[2007-10-17]