NOSTRUM OIL & GAS PLC announces H1 2018 financial results

03.09.18 17:13
/KASE, September 3, 2018/ – NOSTRUM OIL & GAS PLC (London), whose shares are officially listed on Kazakhstan Stock Exchange (KASE), has provided KASE with the following press release of August 21, 2018: quote Nostrum Oil & Gas PLC (LSE: NOG) ("Nostrum", or "the Company"), an independent oil and gas company engaging in the production, development and exploration of oil and gas in the pre-Caspian Basin, today announces its financial results in respect of the six-month period ending 30 June 2018. Highlights: Financial: - Revenue of US$191.5 million (H1 2017: US$210.0 million) - Net operating cash flows of US$99.9 million (H1 2017: US$116.8 million) - EBITDA2 of US$113.2 million (H1 2017: US$120.6 million) - EBITDA margin of 59.1% (H1 2017: 57.4%) - Closing cash for the period of US$127.6 million (Q1 2018: US$132.3 million) - Total debt of US$1,127.9 million and net debt of US$1,000.2 million as at 30 June 2018 unquote The full press release is available at http://kase.kz/files/emitters/GB_NTRM/gb_ntrm_reliz_210818.pdf [2018-09-03]