Zhaikmunai to Acquire Subsoil Use Rights for Three Oil & Gas Fields in Kazakhstan

Zhaikmunai LP (LSE:ZKM) has reported that it will acquire the entire subsoil use rights for Rostoshinskoye, Darjinskoye and Yujno-Gremyachenskoe oil & gas fields in Kazakhstan.

As quoted in the press release:

Zhaikmunai has agreed to pay the current owners a total of US$ 16 million for the three fields. The fields, Rostoshinskoye, Darjinskoye and Yujno-Gremyachenskoe, are located in the Pre-Caspian basin to thenorthwest of Uralsk, approximately 90 kilometres from the Chinarovskoye field.

Zhaikmunai’s CEO, Kai-Uwe Kessel commented:

This is a great moment for Zhaikmunai as we move from a single field asset to a multi-field oil & gas company.

Click here to read the Zhaikmunai LP (LSE:ZKM) press release.

Get the Latest Gas Investing Stock Information

Get the latest information about companies associated with Gas Investing delivered directly to your inbox.


By selecting company or companies above, you are giving consent to receive email from those companies. And remember you can unsubscribe at any time.

Oil Report small 

Get Our Expert Guide to Oil Investing FREE!

Download this FREE Special Report, Oil Investing: Oil Price Forecast and Oil Deposits Around the World

Leave a Reply