/KASE, December 10, 14/ – KazMunaiGas Exploration Production JSC (Astana), whose
shares are officially listed on Kazakhstan Stock Exchange (KASE), has provided
KASE with the following press-release of December 10, 2014:
quite
JSC KazMunaiGas Exploration Production ("KMG EP" or the "Company") held its
regular Board of Directors ("the Board") meeting on December 8, 2014. At the
meeting the Board approved the budget for 2015 which assumes a Brent oil price
of US$70 per barrel.
Planned production in 2015 is expected to be 5.4 million tonnes (109 kbopd)
from JCS OzenMunaiGas (OMG) and 2.8 million tonnes (57 kbopd) from JCS
EmbaMunaiGas (EMG). Thus, the total planned production volume in 2015 from OMG
and EMG is expected to be 8.2 million tonnes (166 kbopd) or 1% more than planned
production in 2014.
unquote
The full press-release is available on KASE website at:
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http://www.kase.kz/files/emitters/RDGZ/rdgz_reliz_101214.pdf – in Russian;
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http://www.kase.kz/files/emitters/RDGZ/rdgz_reliz_101214_e.pdf – in English.
[2014-12-10]