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Nostrum Oil & Gas PLC (NOGN.L)

NOGN.L on London Stock Exchange

47.78GBp
2:12pm IST
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275.00
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Latest Key Developments (Source: Significant Developments)

Nostrum Oil & Gas To Buy Assets In NW Kazakhstan
Monday, 24 Jun 2019 

June 24 (Reuters) - Nostrum Oil & Gas PLC ::NOSTRUM OIL & GAS - PROPOSED ACQUISITION OF ASSETS IN NW KAZAKHSTAN.NOSTRUM OIL & GAS - AGREED TO BUY 50% OF POSITIVE INVEST WHICH HOLDS SUBSOIL USE RIGHTS TO STEPNOY LEOPARD LICENCES IN KAZAKHSTAN, FOR US$500,000.NOSTRUM OIL & GAS - HAS RIGHT TO BUY REMAINING 50% OF POSITIVE INVEST AT A PRICE OF US$0.27 CENT PER BOE OF PROVEN AND PROBABLE RESERVES.  Full Article

Nostrum Oil & Gas Considers Sale Of Company
Monday, 24 Jun 2019 

June 24 (Reuters) - Nostrum Oil & Gas PLC ::NOSTRUM OIL & GAS - ASSESSMENT OF STRATEGIC AND OPERATIONAL OPTIONS.NOSTRUM OIL & GAS PLC - COMMENCED A STRATEGIC REVIEW TO OPTIMISE ITS VALUE AND THAT OF ITS ASSETS.NOSTRUM OIL & GAS PLC - IDENTIFIED A BROAD RANGE OF OPERATIONAL AND STRATEGIC OPPORTUNITIES FOR BUSINESS TO DELIVER SHAREHOLDER VALUE.NOSTRUM OIL & GAS PLC - ONE OF OPTIONS THAT WILL BE CONSIDERED BY NOSTRUM IS A SALE OF COMPANY.NOSTRUM - STRATEGIC OPTIONS INCLUDE FURTHER THROUGHPUT AGREEMENTS WITH THIRD PARTY GAS SUPPLIERS, BOLT-ON ACQUISITIONS IN EXISTING AND ADJACENT FIELDS.NOSTRUM - STRATEGIC OPTIONS ALSO INCLUDE FARMING DOWN STAKES IN SOME ASSETS TO EXPEDITE THEIR DEVELOPMENT.NOSTRUM OIL & GAS PLC - IS NOT IN RECEIPT OF ANY APPROACHES AT TIME OF THIS ANNOUNCEMENT..  Full Article

Nostrum Oil & Gas Q1 Average Production After Treatment Of 32,646 Boepd
Tuesday, 30 Apr 2019 

April 30 (Reuters) - Nostrum Oil & Gas PLC ::Q1 2019 OPERATIONAL UPDATE.Q1 2019 AVERAGE PRODUCTION AFTER TREATMENT OF 32,646 BOEPD AND AVERAGE SALES VOLUMES OF 31,621 BOEPD.Q1 2019 REVENUES EXPECTED TO BE IN EXCESS OF US$95 MILLION (Q1 2018: US$94 MILLION).Q1 2019 CASH POSITION IN EXCESS OF US$75 MILLION (FY 2018: US$122 MILLION).TOTAL DEBTEXPECTED NOT TO EXCEED US$1,110 MILLION AND NET DEBT EXPECTED NOT TO EXCEED APPROXIMATELY US$1,035 MILLION AS AT 31 MARCH 2019.REMAIN ON TRACK TO MEET 2019 GUIDANCE PRODUCTION OF 30,000 BOEPD AVERAGE CORRESPONDING TO SALES VOLUMES OF 28,000 BOEPD.SCHLUMBERGER CONTINUES TO WORK ON EVALUATION OF BISKI NORTH EAST AND BISKI WEST RESERVOIRS.Q1 IMPROVED AS OIL PRICE INCREASED.2019 GUIDANCE DOES NOT INCLUDE ANY ADDITIONAL PRODUCTION FROM NEW WELLS PLANNED THIS YEAR.  Full Article

Nostrum Oil & Gas Nine Month Average Sales Volumes Of 30,523 Boepd
Tuesday, 27 Nov 2018 

Nov 27 (Reuters) - Nostrum Oil & Gas PLC ::9 MONTH REVENUE OF US$311.4 MILLION (9M 2017: US$303.7 MILLION).NINE-MONTH EBITDA OF US$187.7 MILLION (9M 2017: US$171.5 MILLION).9M 2018 AVERAGE SALES VOLUMES OF 30,523 BOEPD (9M 2018 FIELD PRODUCTION: 31,757 BOEPD).AVERAGE FORECAST FIELD PRODUCTION FOR 2019 WILL BE 30,000 BOEPD CORRESPONDING TO SALES VOLUMES OF APPROXIMATELY 28,000 BOEPD.  Full Article

Nostrum Oil & Gas Announces ‍Pricing Of Senior Notes Offering Of $400 Mln
Friday, 9 Feb 2018 

Feb 9 (Reuters) - Nostrum Oil & Gas Plc ::SAYS ‍PRICING OF ITS OFFERING OF US$400 MILLION 7.000% SENIOR NOTES DUE 2025 ​.‍BANCA IMI, CITI, DEUTSCHE BANK AND VTB CAPITAL ACTED AS JOINT BOOKRUNNERS​.‍PROCEEDS OF OFFERING WILL BE USED, IN PART, TO PAY CALL PRICE OF OUTSTANDING EUROBONDS ISSUED BY ITS SUBSIDIARY, ZHAIKMUNAI LLP, DUE 2019​.  Full Article

Nostrum Oil & Gas And BTA Bank Jsc Enters Into Mutual Release Of Any And All Claims
Thursday, 1 Feb 2018 

Feb 1 (Reuters) - Nostrum Oil & Gas Plc ::SAYS ‍CO AND BTA BANK JSC ENTERED INTO MUTUAL RELEASE OF ANY AND ALL CLAIMS THAT EITHER PARTY HAD OR MAY HEREAFTER HAVE.  Full Article

Nostrum Oil & Gas nine-month revenues rise to over $303 mln
Tuesday, 31 Oct 2017 

Oct 31 (Reuters) - NOSTRUM OIL & GAS PLC ::‍9M 2017 AVERAGE PRODUCTION OF 44,879 BOEPD​.‍Q3 2017 AVERAGE PRODUCTION OF 41,265 BOEPD​.‍9M 2017 AVERAGE SALES VOLUMES OF 39,600 BOEPD​.‍Q3 2017 AVERAGE SALES VOLUMES OF 36,635 BOEPD​.‍9M REVENUES IN EXCESS OF US$303 MILLION (9M 2016: US$241.5 MILLION)​.‍CASH POSITION IN EXCESS OF US$144 MILLION (H1 2017: US$97.5 MILLION)​.‍TOTAL DEBT OF US$1,057 MILLION AND NET DEBT OF APPROXIMATELY US$913 MILLION AS AT 30 SEPTEMBER 2017​.  Full Article

Nostrum says will not be possible to bring gas into GTU3 in 2017​
Wednesday, 18 Oct 2017 

Oct 18 (Reuters) - Nostrum Oil & Gas Plc ::NOSTRUM OIL & GAS PLC - ‍DUE TO DELAYED DELIVERY OF SOME VALVES REQUIRED FOR GTU3 WITH GTU1&2 IT WILL NOT BE POSSIBLE TO BRING GAS INTO GTU3 IN 2017​.NOSTRUM OIL & GAS PLC - ‍PREVIOUSLY PLANNED THREE WEEK SHUT DOWN OF GTU1&2 HAS THEREFORE BEEN POSTPONED UNTIL AFTER WINTER PERIOD​.NOSTRUM OIL & GAS PLC - ‍SHUT DOWN AND TIE- IN OF GTU1&2 IS NOW SCHEDULED TO BE COMPLETED IN APRIL 2018​.NOSTRUM OIL & GAS PLC - ‍POSTPONEMENT OF GTU3 COMMISSIONING DOES MEAN THAT PRODUCTION GUIDANCE FOR FIRST SIX MONTHS OF 2018 WILL BE IMPACTED​.NOSTRUM OIL & GAS-NOT BE ABLE TO RAISE PRODUCTION ABOVE CURRENT CAPACITY OF 45,000 BOEPD; TARGET TO RAMP UP PRODUCTION TO 100,000 BOEPD BY 2020 UNCHANGED​.NOSTRUM OIL & GAS PLC - ‍TOTAL COST OF PLANT IS NOT IMPACTED BY DELAY TO TIE-IN AND COMMISSIONING AND REMAINS AT US$532 MILLION​.NOSTRUM OIL & GAS PLC - ‍COMPANY REMAINS FULLY FUNDED TO COMPLETE GTU3 AND RAMP UP PRODUCTION​.  Full Article

UPDATE 1-Nostrum Oil & Gas reviews business, mulls sale of company

June 24 Nostrum Oil & Gas Plc said on Monday it started a review of its business, which could include a potential sale of the Kazakhstan-focussed oil firm.