KazMunaiGas Exploration Production (Kazakhstan) announces Y2012 Q1 operating results

16.04.12 15:21
/KASE, April 16, 12/ - JSC "KazMunaiGas Exploration Production" (Astana), whose shares are officially listed at Kazakhstan Stock Exchange (KASE), has provided KASE with the following press-release of April 16, 2012: quotr JSC KazMunaiGas Exploration Production ("KMG EP" or "the Company") announces that in the first three months of 2012 it produced 3,029 thousand tonnes of crude oil (249kbopd), including the Company's stakes in Kazgermunai (KGM), CCEL and PetroKazakhstan Inc. (PKI) which is 143 thousand tonnes or 5% less than in the same period of 2011. Uzenmunaigas (UMG) produced 1,236 thousand tonnes (101kbopd), which is 177 thousand tonnes less than in the same period of 2011. Embamunaigas (EMG) produced 675 thousand tonnes (55kbopd), which is 6 thousand tonnes less than in the same period of 2011. The total volume of the oil produced at the production facilities of UMG and EMG in the first three months of 2012 is 1,911 thousand tonnes of oil (156kbopd), which is 182 thousand tonnes or 9% less than in the same period of 2011and about 150 thousand tonnes (7%) behind the plan, primarily due to adverse weather conditions in Western Kazakhstan.. unquote The full oppress-release is available on KASE website, at: - http://www.kase.kz/files/emitters/RDGZ/rdgz_reliz_160412.pdf - in Russian; - http://www.kase.kz/files/emitters/RDGZ/rdgz_reliz_160412_k.pdf - in Kazakh; - http://www.kase.kz/files/emitters/RDGZ/rdgz_reliz_160412_e.pdf - in English. [2012-04-16]