KazMunaiGas Publishes Operating Results for the 9M 2014
KazMunaiGas Exploration Production announces its operating results for the first nine months of 2014. KMG EP produced 9,217 thousand tonnes of crude oil (249 kbopd), including the Company’s stakes in Kazgermunai (KGM), CCEL and PetroKazakhstan Inc. (PKI), which is slightly below the same period of 2013. Ozenmunaigas JSC (OMG) produced …
KMG EP: Profit Up Five Fold Due to Foreign Exchange Gains
KazMunaiGas Exploration Production announces its condensed consolidated interim financial statements for the six months ended 30 June 2014. · Net profit for the first six months of 2014 was 210.3bn Tenge (US$1,193m) compared to 38.8bn Tenge (US$257m) in the same period of 2013 largely due to a significant before tax foreign exchange gain as …
KMG EP: Issues 1H 2014 Figures Plus Finds Solution to Radioactive Build-Up
JSC KazMunaiGas Exploration Production announces its operating results for the first half of 2014, an update on the modernization programme, details of a memorandum signed with the environmental agency, information on the start of trial production on Liman block and an update on the decision on the sale of shares …
KazMunaiGas Exploration Production: 2013 Financial Results, Profit Down 12%
JSC KazMunaiGas Exploration Production announces its consolidated financial results for the year ended 31 December 2013. The Company’s revenues in 2013 were 816.7bn Tenge (US$5,368m), 2% higher than in 2012. In 2013 average Brent price declined by 3% compared with 2012. Export sales volumes dropped by 1%, whereas domestic sales …
KMG EP: Board Meeting Results – Keen to Spend $300m USD on Exploration Activities
JSC KazMunaiGas Exploration Production held its regular Board of Directors meeting. Among the major decisions the Board approved the 2014 budget and business plan for the period of 2014-2018. Production In the first eleven months of 2013 production at Ozenmunaigas (OMG) increased by 5% compared with the corresponding period of …
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: Reserves and Resources Assessment as at 31 December 2011
КаzМunaiGas Exploration Production today announces the results of the annual assessment of Reserves and audit of Contingent Resources, as at 31 December 2011 by the independent energy consulting firm Gaffney, Cline & Associates (“GCA”). These Reserves and Resources have been estimated in accordance with the 2007 Petroleum Resources Management System …
KMG EP Announces Operating Results for the First Quarter of 2012
JSC KazMunaiGas Exploration Production announced that in the first three months of 2012 it produced 3,029 thousand tonnes of crude oil (249kbopd), including the Company’s stakes in Kazgermunai (KGM), CCEL and PetroKazakhstan Inc. (PKI) which is 143 thousand tonnes or 5% less than in the same period of 2011. Uzenmunaigas …