|Industry||Oil and gas industry|
The company has made two major acquisitions in 2014-15. In December 2014 it completed the acquisition of 95% of the shares of Maten Petroleum for $526 million. Maten Petroleum’s main assets are located in three oil field blocks in production in Kazakhstan, the Matin, Eastern Kokarna and Kara-Arna oil fields. In the other deal, in January 2015 the company announced a $400 million acquisition of Kozhan JSC, an oil producing company in Kazkahstan with rights to develop the Morskoye, Karatal, Dauletaly fields in Atyrau Oblast.
- "December 2014 Saw M&As Surging up; Another M&A and Reorganization Tide Is Around the Corner". PEdaily.cn. January 7, 2015. Archived from the original on 2015-04-02.
- "Kozhan". Petroleum Journal. January 2015.