Sberbank of Russia : Zhaikmunai reports Q1 2024 operating results of NOSTRUM OIL & GAS PLC

03.05.24 10:36

/KASE, May 3, 2024/ - Zhaikmunai LLP (Oral), whose bonds are officially listed on Kazakhstan Stock Exchange (KASE), has provided KASE with the following press release dated April 30, 2024: 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 quarter ended 31 March 2024. This update is being issued in advance of the release of Nostrum's unaudited interim condensed consolidated financial statements for the same period. *** Q1 2024 Highlights: Operational Production and sales - Daily production including volumes acquired through third-party processing averaged 11,943 boepd (Q1 2023: 10,479 boepd without third-party volumes; Q4 2023: 9,527 boepd with nominal third-party volumes). Daily sales volumes averaged 10,022 boepd including volumes produced from third-party processing (Q1 2023: 7,276 boepd, Q4 2023: 8,215 boepd). The difference between production and sales volumes is primarily due to the internal consumption of gas and may also include inventory stock build-up around period end. unquote The complete press release is available on - https://kase.kz/files/emitters/ZHMN/zhmn_information_300424.pdf [2024-05-03]