/KASE, March 15, 12/ - LLP "Zhaikmunai" (Oral), whose bonds are officially
listed at Kazakhstan Stock Exchange (KASE), has provided KASE with following
press-release of March 15, 2012:
quote
Zhaikmunai LP (LSE: ZKM), the oil and gas exploration and production enterprise
with assets in north-western Kazakhstan today communicates its financial results
for the year ended 31st December 2011 as well as a 2012 production update
including its Gas Treatment Facility (GTF).
KEY HIGHLIGHTS
- Total production (crude oil and GTF products) increase of 69.7% to
4,802,561 boe;
- Revenue increase of 68.9% to US$300.8 million;
- EBITDA increase of 99.8% to US$197.4 million;
- More than three-fold increase in Net Income to US$81.6million (+256.4%);
- Handover of the Gas Treatment Facility (GTF) completed in December 2011;
- Over 10 months sales of on-spec products (crude oil, stabilised condensate,
LPG and dry gas) delivered to offtakers;
- Zhaikmunai enters its final stage of production ramp-up to full capacity of
48,000 boepd with Well # 401 coming on-line.
unquote
The full press-release is available on KASE website, at:
-
http://www.kase.kz/files/emitters/ZHMN/zhmn_reliz_150312.pdf - in Russian;
-
http://www.kase.kz/files/emitters/ZHMN/zhmn_reliz_150312_e.pdf - in
English.
[2012-03-15]