Nostrum Oil & Gas PLC - Independent oil and gas company engaging in the production, development and exploration of oil and gas in the pre-Caspian Basin - Announces that the average daily production forecast for 2023 is in the range of 9,000 to 10,000 barrels of oil equivalent per day. In 2022, production after treatment averaged 13,200 boepd, down 22% from 17,032 boepd in 2021. Read More
(Alliance News) - Nostrum Oil & Gas PLC said on Friday it had agreed to acquire 80% of Positive Invest LLC for USD20 million. Read More
Nostrum Oil & Gas PLC - exploration and production in pre-Caspian Basin - The stake held by ICU Holdings Ltd falls to 2.7% from 23.8%, due to dilution from a share issue. ICU holds 4.4 million voting rights. Previously, Nostrum said the stake held by Tengri Partners (Kazakhstan) LLP had fallen to 2.0% from 20.3%, for the same reason. Tengri holds 3.8 million voting rights. Also said the stake held by Dehus Dolmen Nominees fell to 1.8% from 16.2%. Tengri holds 3.8 million voting rights. Read More
Nostrum Oil & Gas PLC - exploration and production in pre-Caspian Basin - The stake held by Dehus Dolmen Nominees Ltd falls to 1.8% from 16.2%, due to dilution from a share issue. Dehus holds 3.0 million voting rights. Previously, Nostrum said the stake held by Tengri Partners (Kazakhstan) LLP had fallen to 2.0% from 20.3%, for the same reason. Tengri holds 3.8 million voting rights. Read More
Nostrum Oil & Gas PLC - Independent oil and gas company engaging in the production, development and exploration of oil and gas in the pre-Caspian Basin - Says Atul Gupta stepped down as executive chair from the board. Appoints Stephen Whyte as independent chair and a non-executive director. Says that Whyte is an experienced FTSE and AIM chair and non-executive director in the global energy sector with experience in Kazakhstan. Read More
Nostrum Oil & Gas PLC - Independent oil and gas company engaging in the production, development and exploration of oil and gas in the pre-Caspian Basin - Says Tengri Partners (Kazakhstan) LLP has lowered its stake in the company to 2.03% from 20.34%. Tengri now holds 3.8 million voting rights. Read More
Nostrum Oil & Gas PLC - Amsterdam-headquartered oil and gas company with operations in Kazakhstan - Completes the implementation of the restructuring of its USD725 million 8.0% senior notes due July 2022 and USD400 million 7.0% senior notes due February 2025. This includes the exchange of a portion of its legacy notes debt for the issue of new notes. The new notes comprise USD250 million of new senior secured notes and USD300 million of senior unsecured notes. Further, the conversion of the remainder of the notes debt into shares, as well as the issue of new warrants, it adds. Read More
(Alliance News) - Nostrum Oil & Gas PLC on Monday said that the restructuring of its senior notes, sub-division of shares and share consolidation will be effective on Thursday. Read More
(Alliance News) - Nostrum Oil & Gas PLC on Monday said that the restructuring of its senior notes, sub-division of shares and share consolidation will be effective on Thursday. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News: Read More
(Alliance News) - Nostrum Oil & Gas PLC on Friday said it expects a revenue increase, despite a drop in production. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Friday and not separately reported by Alliance News: Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News: Read More
Nostrum Oil & Gas PLC - Amsterdam-headquartered oil and gas company with operations in Kazakhstan - In the nine months ended September 30, reports revenue of USD155.5 million, up against USD142.6 million the previous year. Earnings before interest, tax, depreciation and amortisation rise to USD94.9 million from USD84.1 million. Reports an average Brent oil price of USD102.50 per barrel during the period, up from an average price of USD67.90 per barrel the year prior. Daily sales volumes average 12,780 barrels of oil equivalent per day, down from 15,838 bodpd. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Friday and not separately reported by Alliance News: Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Friday and not separately reported by Alliance News: Read More
(Alliance News) - Nostrum Oil & Gas PLC on Wednesday said its Chief Financial Officer Shane Drader has resigned. Read More
Nostrum Oil & Gas PLC - Nostrum Oil & Gas - Amsterdam-headquartered oil and gas company with operations in Kazakhstan - Reports quarter-on-quarter fall in earnings before interest, tax, depreciation and amortisation and revenue amid lower oil production. In the quarter to June 30, Ebitda falls to USD28.4 million from USD40.5 million a quarter ago. However, on annual basis, this marks rise from USD26.0 million. Revenue drops 21% to USD47.6 million from USD60.2 million quarter-on-quarter, but rises 3.3% year-on-year. Read More