/KASE, April 4, 12/ - Zhaikmunai (Uralsk), bonds of which are officially listed on Kazakhstan Stock Exchange (KASE), provided to KASE the following press release of April 4, 2012:

quotation

Zhaikmunai LP (LSE: ZKM), the oil and gas exploration and production enterprise today releases the independent reserves audit of its Chinarevskoye field in north-western Kazakhstan as at 31 December 2011. The report was prepared by petroleum consultants Ryder Scott Company, L.P. ("Ryder Scott").

HIGHLIGHTS FROM THE 2011 RESERVES REPORT

• Proved reserves (1P) have increased by 25.6 mmboe (15,1%) to 169.1 mmboe (December 31, 2010: 143.5 mmboe);
• Proved plus probable reserves (2P) remained above 500 mmboe. The 2P reserves have slightly decreased to 521.6 mmboe (December 2010: 538.6 mmboe) as a result of the 2011 production and some small adjustments on all reservoirs.

ends

The press release full version is available on KASE website at:

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

[2012-04-04]