Start of Ural OG tie-back and receipt of first gas

Nostrum Oil & Gas PLC
21 December 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, 21 December 2023

 

 

Start of Ural Oil & Gas tie-back and first gas to Chinarevskoye gas treatment facility 

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, is pleased to announce the start of the tie-back project and receipt of the first gas from Ural Oil & Gas LLP ("Ural OG") for treatment into Nostrum's Chinarevskoye gas processing facility.

Ural OG's Rozhkovskoye field production start was achieved safely with one well (U-21), with the remaining planned four wells to commence in late 2024.

 

Arfan Khan, Chief Executive Officer of Nostrum Oil & Gas, commented:

 

"We are pleased to have achieved this milestone as this is the first ever third-party feedstock received into our gas treatment facility and we look forward to working with Ural OG.

 

We will continue expanding the utilization of our world-class treatment facilties by demonstrating excellence in project delivery and operations, to be a preferred partner of choice for handling and processing the third party gas in Western Kazakhstan."

 

 

LEI: 2138007VWEP4MM3J8B29

 

Further information

For further information please visit https://www.nostrumoilandgas.com/

 

Further enquiries

Nostrum Oil & Gas Plc

Petro Mychalkiw

Chief Financial Officer

ir@nog.co.uk               

 

Instinctif Partners - UK                                                                                        

Guy Scarborough

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

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