Zhaikmunai announces financial results of NOSTRUM OIL & GAS PLC operations over nine months ending September 30, 2019

19.11.19, 16:04
/KASE, November 19, 2019/ – Zhaikmunai (Oral), whose bonds are officially listed on Kazakhstan Stock Exchange (KASE), has provided KASE with the following press release of November 19, 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 pre-Caspian Basin, today announces its financial results in respect of the nine-month period ending 30 September 2019. Overview: Financial - Revenue of US$250.3 million (9M 2018: US$311.4 million) - Net operating cash flows1 of US$160.2 million (9M 2018: US$151.3 million) - EBITDA of US$158.3 million (9M 2018: US$187.7 million) - EBITDA margin of 63.3% (9M 2018: 60.3%) - Closing cash for the period of US$91.3 million (H1 2019: US$120.8 million) - Total debt of US$1,113 million and net debt of US$1,021.7 as at 30 September 2019 unquote The full press release is available on KASE website: - http://kase.kz/files/emitters/ZHMN/zhmn_reliz_191119.pdf – in Russian; - http://kase.kz/files/emitters/ZHMN/zhmn_reliz_191119_en.pdf – in English. [2019-11-19]