Zhaikmunai announces financial results of NOSTRUM OIL & GAS PLC operations over six months ending June 30

20.08.19, 16:07
/KASE, August 20, 2019/ – Zhaikmunai (Oral), whose bonds are officially listed on Kazakhstan Stock Exchange (KASE), has provided KASE with the following press release of August 20, 2019: quote Zhaikmunai, a subsidiary of Nostrum Oil & Gas PLC (LSE: NOG) ("Nostrum", or "the Company", together with subsidiaries – the "Group"), an independent oil and gas company engaging in the production, development and exploration of oil and gas in the preCaspian Basin, today announces financial results of Nostrum in respect of the six-month period ending 30 June 2019. Highlights Financial - Revenue of US$174.2 million (H1 2018: US$191.5 million) - Net operating cash flows1 of US$116.8 million (H1 2018: US$99.9 million) - EBITDA2 of US$110.2 million (H1 2018: US$113.2 million) - EBITDA margin of 63.3% (H1 2018: 59.1%) - Closing cash for the period of US$120.8 million (Q1 2019: US$75.7 million) - Total debt of US$1,132.9 million and net debt of US$1,012.0 million as at 30 June 2019 unquote The full press release is available on KASE website: - http://kase.kz/files/emitters/ZHMN/zhmn_reliz_200819_1.pdf – in Russian; - http://kase.kz/files/emitters/ZHMN/zhmn_reliz_200819_eng_1.pdf – in English. [2019-08-20]