NOSTRUM OIL & GAS PLC (United Kingdom) announces financial results for nine months ended September 30, 2017

21.11.17 14:45
/KASE, November 21, 2017/ – NOSTRUM OIL & GAS PLC (London), whose shares are officially listed on Kazakhstan Stock Exchange (KASE), has provided KASE with the following press release of November 21, 2017: quote Nostrum Oil & Gas PLC (LSE: NOG) ("Nostrum", or "the Company"), an independent oil and gas company engaging in the production, development and exploration of oil and gas in the pre-Caspian Basin, today announces its financial results in respect of the nine-month period ending 30 September 2017. Highlights from the nine months to 30 September 2017: Financial - Revenue of US$303.7 million (9M 2016: US$245.1 million) - Net operating cash flows1 of US$135.2 million (9M 2016: US$132.5 million) - EBITDA of US$171.5 million (9M 2016: US$142.6 million) - EBITDA margin of 56.5% (9M 2016: 58.2%) - Transport/boe cost reduced to US$4.8/bbl (9M 2016: US$5.2/bbl) - Closing cash for the period of US$144.4 million (H1 2017: US$97.5 million) - Total debt of US$1,056.9 million and net debt of US$912.6 million as at 30 September 2017 unquote The full press release is available on KASE website: - http://www.kase.kz/files/emitters/GB_NTRM/gb_ntrm_reliz_211117_1.pdf – in Russian; - http://www.kase.kz/files/emitters/GB_NTRM/gb_ntrm_reliz_211117_eng_1.pdf – in English. [2017-11-21]