/KASE, March 15, 12/ - LLP "Zhaikmunai" (Oral), whose bonds are officially listed at Kazakhstan Stock Exchange (KASE), has provided KASE with following press-release of March 15, 2012:

quote

Zhaikmunai LP (LSE: ZKM), the oil and gas exploration and production enterprise with assets in north-western Kazakhstan today communicates its financial results for the year ended 31st December 2011 as well as a 2012 production update including its Gas Treatment Facility (GTF).

KEY HIGHLIGHTS

- Total production (crude oil and GTF products) increase of 69.7% to 4,802,561 boe;

- Revenue increase of 68.9% to US$300.8 million;

- EBITDA increase of 99.8% to US$197.4 million;

- More than three-fold increase in Net Income to US$81.6million (+256.4%);

- Handover of the Gas Treatment Facility (GTF) completed in December 2011;

- Over 10 months sales of on-spec products (crude oil, stabilised condensate, LPG and dry gas) delivered to offtakers;

- Zhaikmunai enters its final stage of production ramp-up to full capacity of 48,000 boepd with Well # 401 coming on-line.

unquote

The full press-release is available on KASE website, at:

• see more - in Russian;
• see more - in English.

[2012-03-15]