Zhaikmunai announces Nostrum Oil & Gas 2014 Q1 financial results

28.05.14 16:47
/KASE, May 28, 14/ – Zhaikmunai LLP (Oral), whose bonds are officially listed on Kazakhstan Stock Exchange (KASE), today provided KASE with the following press-release of Nostrum Oil & Gas: quote Nostrum Oil & Gas LP (LSE: NOG.LI) ("Nostrum"), the oil and gas exploration, development and production business today announces its results for the quarter ended 31st March 2014. Highlights from the quarter - Total average daily production of 48,350 boepd - Revenue of US$227 million, down 1% compared to Q1 2013 (US$229 million) - EBITDA of US$163 million, up 7% compared to Q1 2013 (US$153 million) - Cash position of US$643 million and net debt of US$402 million unquote The full press-release is available on KASE website in Russian at http://www.kase.kz/files/emitters/ZHMN/zhmn_reliz_280514_.pdf [2014-05-28]