/KASE, February 6, 13/ - Zhaikmunai (Uralsk), bonds of which are officially
listed on Kazakhstan Stock Exchange (KASE), provided to KASE the following
press release of January 30, 2013:
quotation
Douglas, Isle of Man - 30 January, 2013: Zhaikmunai L.P. (LSE:ZKM)
("Zhaikmunai") issues the following Operational Update summarizing
key activities since the Q3 2012 Interim Results and Update on
21 November 2012.
KEY HIGHLIGHTS
Zhaikmunai's total average daily production has been approximately 46,500
boepd since January 21, 2013. This is a result of tying in 3 additional
gas condensate wells between the end of 2012 and the beginning of 2013 and
bringing them towards full production over the first few weeks of the year.
Zhaikmunai is especially pleased with the results from the Devonian gas
condensate well #217 detailed below;
Fourth quarter total average daily production (Q4) averaged 37,184 boepd,
taking into account Zhaikmunai's two-week annual maintenance shutdown of
the GTF (Gas Treatment Facility) during October 2012. In 2012, total daily
production averaged 36,940 boepd.
In 2013, total average daily production is expected to be in excess of 45,000
boepd and Zhaikmunai plans to more than double this total average daily
production volume over the next 3-year period with the increased gas
processing capability of the planned third GTF train.
Drilling plans over the next 12 months include 15 - 17 wells, 9 of which
will be appraisal wells, 1 exploration well and 5 - 7 production wells;
ends
The press release full version is available on KASE website at:
-
http://www.kase.kz/files/emitters/ZHMN/zhmn_reliz_300113.pdf - in
Russian;
-
http://www.kase.kz/files/emitters/ZHMN/zhmn_reliz_300113_e.pdf - in
English.
[2013-02-06]