/KASE, August 28, 14/ – Zhaikmunai LLP (Oral), whose bonds are officially listed
on Kazakhstan Stock Exchange (KASE), has provided KASE with the following
press-release of August 28, 2014:
quote
Highlights from the six months to 30 June 2014
- Total average daily production of 46,569 boepd, up 0.4% compared to FY 2013
(FY 2013: 46,178 boepd; H1 2013: 46,370 boepd), above average annual target of
45,000 boepd
- Record revenue of US$445.0 million, up 0.6% compared to H1 2013
(US$442.5 million)
- Record EBITDA [1] of US$312.7 million, up 9.6% compared to H1 2013
(US$285.2 million)
- Total Cash Positionof [2] US$458.2 million, an increase of US$218.3 million
compared to FY 2013 (US$239.9 million)
- Total Net Debt [3] of US$483.6 million at 30 June 2014, an increase of
US$95.1 million compared to FY 2013 (US$388.5 million)
- Net Debt to LTM EBITDA [4] ratio 0.8x
- Third consecutive annual distribution of US$0.35 per common unit paid on 6
June 2014, representing 29.4% of net income
- Repayment of remaining portion of 2015 Notes in April 2014
- Premium Listing on the London Stock Exchange completed in June
- Long-term off-take agreement for gas condensate with Trafigura
unquote
The full press-release is available on KASE website in Russian at
http://www.kase.kz/files/emitters/ZHMN/zhmn_reliz_280814.pdf
[2014-08-28]