sector: Energy ·
industry: Oil & Gas Exploration & Production ·
As of
24 Nov 2009
6.70USD
Zhaikmunai LP is engaged in the exploration and development of the Chinarevskoye oil and gas condensate field in the western Kazakhstan Region. The Company’s operations are primarily conducted through its oil and gas producing entity Zhaikmunai LLP. It is indirectly controlled through Thyler Holdings Limited. The General Partner of the Zhaikmunai LP is Zhaikmunai Group Limited. Its subsidiaries include Frans Van Der Schoot B.V., Claydon Industrial Limited (BVI), Jubilata Investments Limited (BVI), Zhaikmunai LLP and Condensate Holdings LLP.
BRIEF: For the fiscal year ended 31 December 2008, Zhaikmunai LP's revenues increased 25% to $135.9M. Net income increased 75% to $63.5M. Revenues reflect an increase in income from sales of crude oil. Net income also reflects improved gross profit margin, the presence of gain on hedging contract, the presence of interest income and higher other income. Zhaikmunai LP is an independent oil and gas enterprise.
Zhaikmunai L.P.
Clinch's House
Lord Street
Douglas
Isle of Man IM99 1RZ
P: +441624.682179
F: +441624.691784