Zhaikmunai announces operating results of NOSTRUM OIL & GAS PLC for third quarter and nine months ended September 30, 2023

31.10.23 12:18
/KASE, October 31, 2023/ – Zhaikmunai LLP (Oral), whose bonds are officially listed on Kazakhstan Stock Exchange (KASE), has provided KASE with the following press release dated October 27, 2023: quote Zhaikmunai LLP, a subsidiary of Nostrum Oil & Gas PLC ("Nostrum", or the "Company" and together with its subsidiaries, the "Group"), an independent oil and gas company engaging in the production, development and exploration of oil and gas in the pre-Caspian Basin, today announces Nostrum's operational update in respect of the third quarter and nine months ended 30 September 2023. 9M 2023 Highlights: Operational - Daily production after treatment averaged 10,288 boepd (9M 2022: 13,684 boepd). - Daily sales volumes averaged 9,096 boepd (9M 2022: 12,780 boepd). - On 29 September 2023, the Company announced the commencement of the appraisal campaign at the Stepnoy Leopard fields. The objective of the appraisal campaign is to re-enter two existing wells in the Teplovskoye reservoir to take representative fluid samples and conduct Extended Well Testing. The data will help to confirm the commercial potential and support the future decision related to the selection of a phased field development concept in 2024. unquote The complete press release is available on – https://kase.kz/files/emitters/ZHMN/zhmn_relizs_311023.pdf [2023-10-31]