/KASE, April 3, 2024/ – Zhaikmunai LLP (Oral), whose bonds are officially listed
on Kazakhstan Stock Exchange (KASE), has provided KASE with the following
press release dated April 2, 2024:
quote
Zhaikmunai LLP, a subsidiary of Nostrum Oil & Gas PLC ("Nostrum" or "the
Company" and together with its 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, is pleased to provide an update on Nostrum's
appraisal operations at the Stepnoy Leopard Fields which commenced in
September 2023 and are expected to conclude in April 2024.
The objective of the appraisal campaign was to re-enter the existing Tepl-72 &
74 wells in the Artinskian carbonate reservoir (Teplovskoye) and take
representative fluid samples, and conduct Extended Well Testing. The well
appraisal operations are nearly complete and significant data has been
collected that includes well flow rates, fluid contacts, and fluid and
reservoir properties across a logged interval with c. 50-meter of net-pay. The
flow-rate and pressure build-up tests confirm high well productivity potential
with peak rate indications of c. 20 mmcfd and 600 bcpd in a 3 ½" tubing. The
Company believes that the positive results obtained to date support the
commercial potential of the field.
unquote
The complete press release in Russian and English has been published at –
https://kase.kz/files/emitters/ZHMN/zhmn_reliz_020424_1.pdf
[2024-04-03]