Nostrum Oil & Gas PLC Appraisal Programme at the Stepnoy Leopard Fields (9497H)
01 8월 2023 - 10:10PM
UK Regulatory
TIDMNOG
RNS Number : 9497H
Nostrum Oil & Gas PLC
01 August 2023
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN
PART, IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD
CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF THAT
JURISDICTION
London, 1 August 2023
Commencement of Appraisal Programme at the Stepnoy Leopard
Fields
Nostrum Oil & Gas PLC (LSE: NOG) ("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 is pleased to announce that on 31 July 2023, the Board
of Directors of Nostrum approved an appraisal programme for the
Stepnoy Leopard fields.
The appraisal programme would allow re-classification of certain
of the contingent resources to proven reserves and help determine
the commercially viable development schemes. The scope of work
consists of re-entering two wells in the Teplovskoye reservoir,
taking representative samples, and conducting extended production
well testing in both wells. Rig operations are expected to start
mid-September 2023.
The estimated cost of the appraisal programme is expected to be
around US$6 million.
The Stepnoy Leopard fields, located about 100 km west of our
world-class full-process infrastructure, are potentially an
attractive Nostrum-operated upstream tie-back project that could
deliver material reserves in addition to the Group's rapidly
depleting resource base in the Chinarevskoye field.
LEI: 2138007VWEP4MM3J8B29
Further information
For further information please visit www.nog.co.uk
Further enquiries
Nostrum Oil & Gas PLC
Ulugbek Makhmadiyarov
ir@nog.co.uk
Instinctif Partners - UK
Tim McCall
Galyna Kulachek
Vivian Lai
+ 44 (0) 207 457 2020
nostrum@instinctif.com
About Nostrum Oil & Gas
Nostrum Oil & Gas PLC is an independent oil and gas company
currently engaging in the production, development and exploration
of oil and gas in the pre-Caspian Basin. Its shares are listed on
the London Stock Exchange (ticker symbol: NOG) and the Astana
International Exchange (ticker symbol: NOG) . The principal
producing asset of Nostrum Oil & Gas PLC is the Chinarevskoye
field that is being operated by a wholly-owned subsidiary of
Nostrum Oil & Gas PLC - Zhaikmunai LLP , who is the sole holder
of the subsoil use rights with respect to the development of the
field.
Forward-Looking Statements
Some of the statements in this document are forward-looking.
Forward-looking statements include statements regarding the intent,
belief and current expectations of the Company or its officers with
respect to various matters. When used in this document, the words
"expects", "believes", "anticipates", "plans", "may", "will",
"should" and similar expressions, and the negatives thereof, are
intended to identify forward-looking statements. Such statements
are not promises nor guarantees and are subject to risks and
uncertainties that could cause actual outcomes to differ materially
from those suggested by any such statements.
No part of this announcement constitutes, or shall be taken to
constitute, an invitation or inducement to invest in the Company or
any other entity, and shareholders of the Company are cautioned not
to place undue reliance on the forward-looking statements. Save as
required by the relevant listing rules and applicable law, the
Company does not undertake to update or change any forward-looking
statements to reflect events occurring after the date of this
announcement.
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
RNS may use your IP address to confirm compliance with the terms
and conditions, to analyse how you engage with the information
contained in this communication, and to share such analysis on an
anonymised basis with others as part of our commercial services.
For further information about how RNS and the London Stock Exchange
use the personal data you provide us, please see our Privacy
Policy.
END
MSCBXGDIRGGDGXB
(END) Dow Jones Newswires
August 01, 2023 09:10 ET (13:10 GMT)
Nostrum Oil & Gas (LSE:NOG)
과거 데이터 주식 차트
부터 4월(4) 2024 으로 5월(5) 2024
Nostrum Oil & Gas (LSE:NOG)
과거 데이터 주식 차트
부터 5월(5) 2023 으로 5월(5) 2024