Nostrum oil gas

Xodus Group Limited has prepared a report that contains an independent assessment of the reserves and resources of the Stepnoy Leopard group of fields in Kazakhstan as of 1 January 2024. This was reported by Nostrum Oil & Gas PLC. In August 2023, Nostrum announced the launch of exploration and …

Average daily production of Nostrum Oil & Gas Plc in January-September 2023 amounted to 10.288 thousand barrels of oil equivalent (boe), the company said. For the same period in 2022, average daily production was 13,684 thousand boe. Thus, this year this figure decreased by 24.8%. The oil company’s average daily …

Tethys Petroleum Limited announces that is has entered into a non-binding and indicative letter of intent (the “LOI”) with Olisol Investments Limited (“Olisol”) setting out proposed terms upon which Olisol Petroleum Limited, a wholly-owned subsidiary of Olisol (“OPL”), will provide Tethys with a US$15 million interim debt facility (the “Interim …

Nostrum Oil & Gas PLC, 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 operational update for the nine month period ended 30 September 2015. This update is being issued in advance of the release …

Tethys Petroleum Limited announces that it has today received a Notice of Events of Default from Nostrum Oil & Gas PLC (“Nostrum”) in connection with the US$5 million facility agreement between Tethys and Nostrum, dated August 10, 2015 (the “Facility Agreement”). Tethys does not agree with Nostrum’s interpretation of the …

Tethys Petroleum Limited announces that it has not made the payment for the September cash call issued by the Bokhtar Operating Company (the “September Cash Call”) in connection with Tethys’ interest in the Bokhtar PSC in Tajikistan (the “Tajik Asset”). As a result, Tethys remains in default of its obligations …

Tethys Petroleum Limited announces that it has received a non-binding letter of intent from AGR Energy Holdings Limited (“AGR Energy”) in connection with a potential US$20 million equity fundraising at a price of C$0.165 per share and potential US$5 million loan to support short-term liquidity. In addition to the equity …

Tethys Petroleum Limited announces that Nostrum Oil & Gas PLC (“Nostrum”) has withdrawn its proposed offer that was previously announced on September 23, 2015 (“Proposed Offer”) to acquire the entire issued share capital of Tethys together with a proposed US$20 million interim funding transaction (the “Interim Funding” and, together with …

Tethys Petroleum Limited (“Tethys” or the “Company”) announces that Tethys and Nostrum Oil & Gas PLC (“Nostrum”) have entered into a non-binding and indicative letter of intent (the “LOI”) setting out proposed terms upon which Nostrum would acquire the entire issued and to be issued share capital of Tethys (the …

Tethys Petroleum Limited announces that following its press release on August 10, 2015 in respect of an approach from Nostrum Oil & Gas PLC (“Nostrum”), the Company has received a revised non-binding and highly conditional proposal from Nostrum setting out the terms on which Nostrum is prepared to make an …