Zhaikmunai (Kazakhstan) announces results of oil production at well #116 of Chinarevskoye field

21.06.12 16:21
/KASE, June 21, 12/ - LLP "Zhaikmunai" (Uralsk), whose bonds are officially listed at Kazakhstan Stock Exchange (KASE), has provided KASE with the following press-release of June 19, 2012: quote Zhaikmunai LP (LSE: ZKM), the oil and gas exploration and production enterprise, is pleased to announce production rates of 945 barrels of crude oil per day from its Well #116 meeting management's expectations. Well #116 is located in the north-eastern part of its Chinarevskoye field in Kazakhstan and is currently characterised as follows: - Formation: Lower Carboniferous Tournaisian carbonate - Initial production rates (at average wellhead pressure of 21 bars and at choke size of 26mm): - Crude oil: 945 barrels of oil per day - Gas: 65,000 cubic meters per day unquote The full press-release is available on KASE website, at: - http://www.kase.kz/files/emitters/ZHMN/zhmn_reliz_190612.pdf - in Russian; - http://www.kase.kz/files/emitters/ZHMN/zhmn_reliz_190612_e.pdf - in English. [2012-06-21]