From September 7 the shares of Kazakhoil Emba OJSC (Kazakhstan)are on non-listing floor of KASE

/KASE, Sep 06, 00/ - Based on the application of the trade member of Kazakhstan Stock Exchange (KASE), from September 7 of the current year ordinary registered shares of Kazakhoil Emba OJSC (Atyrau, KZ1C40070715, trade code - KZEM) will be admitted to the trades in "Non- listed securities" sector under the second admittance level. Authorized paid up capital of Kazakhoil Emba OJSC is KZT3,971,307,750.00. A single issue registered on June 24, 1999 consisted of 15,885,231 shares of KZT250.00 at face value of which 14,296,708 are ordinary registered shares and 1,588,523 are preferred registered shares. Kazakhoil Emba OJSC is oil production company created in June 1999 by merger between Embamunaigas JSC and Tengizmunaigas JSC. The company is a branch establishment of NOC KAZAKHOIL, which takes 855 shares. The oil production is priority of 6 oil departments including Zhaikneft, Dossrosneft, Makatneft, Kaynarmunaigas, Kulsaryneft and Prorvaneft which develop 33 oil and gas fields. The residual recoverable resources consisted of (as of January 2000) 87.9 mln tons of oil, 29.9 bln cubic meters of gas and 1.51 mln tons of gas-condensate.