Zhaikmunai (Kazakhstan) announced Chinarevskoye field reserves evaluation results as of December 31, 2011

04.04.12 15:28
/KASE, April 4, 12/ - Zhaikmunai (Uralsk), bonds of which are officially listed on Kazakhstan Stock Exchange (KASE), provided to KASE the following press release of April 4, 2012: quotation Zhaikmunai LP (LSE: ZKM), the oil and gas exploration and production enterprise today releases the independent reserves audit of its Chinarevskoye field in north-western Kazakhstan as at 31 December 2011. The report was prepared by petroleum consultants Ryder Scott Company, L.P. ("Ryder Scott"). HIGHLIGHTS FROM THE 2011 RESERVES REPORT - Proved reserves (1P) have increased by 25.6 mmboe (15,1%) to 169.1 mmboe (December 31, 2010: 143.5 mmboe); - Proved plus probable reserves (2P) remained above 500 mmboe. The 2P reserves have slightly decreased to 521.6 mmboe (December 2010: 538.6 mmboe) as a result of the 2011 production and some small adjustments on all reservoirs. ends The press release full version is available on KASE website at: - http://www.kase.kz/files/emitters/ZHMN/zhmn_reliz_040412.pdf - in Russian; - http://www.kase.kz/files/emitters/ZHMN/zhmn_reliz_040412_e.pdf - in English. [2012-04-04]