Board of Directors of KazMunaiGas Exploration Production approves revised 2015 budget

02.04.15 15:34
/KASE, April 2, 15/ – KazMunaiGas Exploration Production JSC (Astana), whose bonds are officially listed on Kazakhstan Stock Exchange (KASE), has provided KASE with the following press-release: quote JSC KazMunaiGas Exploration Production ("KMG EP" or the "Company") held its regular Board of Directors ("the Board") meeting on March 30, 2015. During the meeting the Board approved the revision of the 2015 budget and approved the meeting agenda for the Annual General Meeting of Shareholders (“AGM”) set for 19 May 2015. I. Revised 2015 budget The Board of Directors approved the revision of the 2015 budget based on an average Brent oil price of US$50 per barrel. unquote The full press-release is available on KASE website in Russian at http://www.kase.kz/files/emitters/RDGZ/rdgz_reliz_020415_e.pdf [2015-04-02]