KazMunaiGas Exploration and Production: Financial Results – Profit down 46% Due to Impairment Charge
JSC KazMunaiGas Exploration Production announces its condensed consolidated interim financial results for the nine months ended September 30, 2013. · In the first nine months of 2013 average Brent price declined by 3% from US$112.24 to US$108.46 per barrel compared to the same period of 2012. Export sales volumes dropped …
KazMunaiGas E&P: Shows Marginal Production Increase
JSC KazMunaiGas Exploration Production announces its operating results for the first nine months of 2013. KMG EP produced 9,228 thousand tonnes of crude oil (250kbopd), including the Company’s stakes in Kazgermunai (KGM), CCEL (CCEL) and PetroKazakhstan Inc. (PKI), which is 120 thousand tonnes or 1% more than in the same …
KazMunaiGas Exploration and Production: Elects Two New Members to the Board
JSC KazMunaiGas Exploration Production held an Extraordinary General Meeting of shareholders on October 22, 2013, where Yerzhan Znangaulov was elected as a new member of Board of Directors and Alastair Ferguson was elected an Independent Non-Executive Director. The new Board of Directors: Daniyar Berlibayev – Chairman of the Board of …
KMG EP: Kairbek Yeleusinov Elected to Management Board
JSC KazMunaiGas Exploration Production announces that on 4 October 2013 at the meeting of the Board of Directors of KMG EP Deputy General Director for Production Kairbek Yeleusinov was elected as member of the Management Board of the Company. As reported earlier, Bakhyt Imanbayev, Deputy General Director for Production, Member …
KMG E&P: Kairbek Eleusinov Appointed New Deputy General Director for Production
JSC KazMunaiGas Exploration Production announces that Bakhyt Imanbayev, Deputy General Director for Production, Member of the Management Board, has resigned. Kairbek Eleusinov has been appointed as a new Deputy General Director for Production.
KMG EP: First Half 2013 Results – Production at OMG Up 9%
JSC KazMunaiGas Exploration Production announces its operating results for the first half of 2013, results of the ongoing Modernisation Programme, operating results of two new servicing companies, drilling results at Fedorovskiy block and start of Trial Production at Liman block. Highlights: – In the first half of 2013 KMG EP …
KMG EP Announces Operating Results for the Full Year of 2012
JSC KazMunaiGas Exploration Production announces that in 2012 it produced 12,191 thousand tonnes of crude oil (247 kbopd), including the Company’s stakes in Kazgermunai (KGM), CCEL and PetroKazakhstan Inc. (PKI) which is 150 thousand tonnes or 1% less than in 2011. JSC Uzenmunaigas (UMG) produced 4,950 thousand tonnes (100 kbopd), …
KMG EP Complete $263m Share Buy Back Programme
JSC KazMunaiGas Exploration Production announces that on the 31 December 2012 the share buy back programme is completed. As announced earlier, the Board of Directors had approved the buyback programme of its common shares and global depositary receipts (GDRs) up to an aggregate value of US$300 million. During the whole …
JSC KazMunaiGas Exploration Production held an Extraordinary General Meeting of shareholders
JSC KazMunaiGas Exploration Production held an Extraordinary General Meeting of shareholders at which the powers of Tolegen Bozzhanov, a member of the Company’s Board of Directors, have been early terminated. Sisengali Utegaliyev has been appointed as a member of the Company’s Board of Directors for the term of the Board of Directors as …