/KASE, August 1, 2024/ – Zhaikmunai LLP (Oral), whose bonds are officially listed
on Kazakhstan Stock Exchange (KASE), has provided KASE with the following
press release dated July 31, 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, today announces Nostrum's operational update for the
second quarter and six months ended 30 June 2024 ("H1 2024").
...
H1 2024 Highlights:
Operational
- Production and sales
- Daily production averaged 12,220 boepd (H1 2023: 10,048 boepd), a 22%
increase driven by:
- Additional volumes of dry gas and LPG produced from processing raw gas
received from Ural Oil & Gas LLP ("Ural O&G") at Nostrum's gas processing
facilities.
- Successful launch of the gas-lift system expansion in July 2023, which
doubled its capacity and helped to slow down the production decline from the
maturing Chinarevskoye field.
- Additional LPG production from GTU-3 owing to improved yield by around
20%.
unquote
The complete press release in English and Russian is available on –
https://kase.kz/files/emitters/ZHMN/zhmn_information_310724.pdf
[2024-08-01]