KazMunaiGas Exploration Production JSC (Kazakhstan) informed on results of the Board of Directors meeting

02.07.08 22:10
/KASE, July 2, 08/ - KazMunaiGas Exploration Production JSC (Astana), shares of which are traded in the Kazakhstan Stock Exchange (KASE) category "A" official list, disseminated the press release where informs on the following. Quotation start London, July 2, 2008. The meeting of KazMunaiGas Exploration Production JSC ("The Company" or "KMG EP") Board of Directors took place on July 1, 2008. At the meeting, the Board of Directors approved the changes to the exploration works schedule for 2008. The Board decided that the Company will carry out 3D seismic tests on the area of 360 sq km in order to study sub-salt structures Buyurgin on the block R-9. It is intended to start the drilling of the first sub-salt exploratory well on this block in first six months of 2009. The Board has also discussed other commercial, administrative and organizational issues. More detailed information on the Board of Directors agenda issues will be published on the company's website. Quotation end Full version of KazMunaiGas Exploration Production JSC press release is available on the KASE web-site at: - hhttp://www.kase.kz/emitters/scan/rdgz/rdgz_reliz_020708k.pdf - in Kazakh; - http://www.kase.kz/emitters/scan/rdgz/rdgz_reliz_020708.pdf - in Russian; - http://www.kase.kz/emitters/scan/rdgz/rdgz_reliz_020708e.pdf - in English. [2008-07-02]