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Nostrum Oil & Gas

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Nostrum Oil & Gas plc
Company typePublic limited company
LSENOG
IndustryOil production
Founded1997
HeadquartersAmsterdam, Netherlands
Key people
Frank Monstrey (Chairman)
Kai-Uwe Kessel (CEO)
Revenue$448.9 million (2015)[1]
$229.0 million (2015)[1]
$(94.4) million (2015)[1]
Websitewww.nostrumoilandgas.com

Nostrum Oil & Gas plc is an oil and gas exploration and production company operating in Kazakhstan. It is listed on the London Stock Exchange.

History

The company was established as Zhaikmunai LP in 1997 to exploit opportunities in the Kazakhstan and started production in its first field in October 2000. After acquiring interests in three additional fields in August 2012, it changed its name to Nostrum Oil & Gas in December 2013.[2] It was the subject of an initial public offering in June 2014.[3]

Operations

The company operates in the following fields:[2]

  • Chinarevskoye Field
  • Rostoshinskoye Field
  • Darjinskoye Field
  • Yuzhno-Gremyachenskoye Field

References

  1. ^ a b c "Consolidated Results for year ended 31 December 2015" (PDF). Nostrom Oil & Gas. Retrieved 3 December 2016.
  2. ^ a b "Kazakh Zhaikmunai changes its name to Nostrum Oil & Gas". B News. 11 December 2013. Retrieved 9 September 2014.
  3. ^ "Nostrom Oil & Gas plans premium UK listing". Reuters. 20 May 2014. Retrieved 9 September 2014.