/KASE, April 30, 2019/ – NOSTRUM OIL & GAS PLC (London), whose shares are
officially listed on Kazakhstan Stock Exchange (KASE), has provided KASE with
the following press release of April 30, 2019:
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 operational update in
respect of the three-month period ending 31 March 2019. This update is being
issued in advance of the release of Nostrum’s consolidated accounts for the
same period. The information contained in this update remains subject to review
by the Company’s independent auditors.
Highlights:
Operational
- Q1 2019 average production after treatment of 32,646 boepd and average
sales volumes of 31,621 boepd
Financial
- Q1 2019 revenues expected to be in excess of US$95 million (Q1 2018:
US$94 million)
- Q1 2019 cash position in excess of US$75 million (FY 2018: US$122
million)
- Total debt1 expected not to exceed US$1,110 million and net debt expected
not to exceed approximately US$1,035 million as at 31 March 2019
unquote
The full press release is available on KASE website:
-
http://kase.kz/files/emitters/GB_NTRM/gb_ntrm_reliz_300419_1.pdf – in Russian;
-
http://kase.kz/files/emitters/GB_NTRM/gb_ntrm_reliz_300419_eng_1.pdf – in English.
[2019-04-30]