Zhaikmunai says Nostrum Oil & Gas PLC reaches agreement with Tethys Petroleum Limited on main terms of offer

25.09.15 12:11
/KASE, September 25, 15/ – Zhaikmunai LLP (Oral), whose bonds are officially listed on Kazakhstan Stock Exchange (KASE), has provided KASE with a press- release of September 23, 2015 saying that "Zhaikmunai LLP, subsidiary of Nostrum Oil & Gas PLC ... notes the announcement today by Tethys Petroleum Limited ("Tethys") and confirms that Nostrum and Tethys have reached agreement on headline commercial terms in relation to the possible offer by Nostrum for the entire issued share capital of Tethys Petroleum Limited ("Tethys") (the "Proposed Offer") and the proposed terms of up to US$20 million in interim funding to Tethys ...". The full press-release is available on KASE website in Russian at – http://www.kase.kz/files/emitters/ZHMN/zhmn_reliz_230915.pdf [2015-09-25]