Termination of GDR programme

RNS Number : 1858S

Nostrum Oil & Gas PLC

23 September 2014

 

Nostrum Oil & Gas plc

23 September 2014

Termination of GDR programme

Further to the announcement by Nostrum Oil & Gas plc (the "Company") on 20 June 2014 regarding the cancellation of listing of global depositary receipts ("GDRs") of Nostrum Oil & Gas LP (the "Partnership"), the Partnership has been dissolved and effective at 5pm EST on 22 September 2014 the Partnership's GDR programme was terminated in accordance with the terms of the deposit agreement and the conditions of the GDRs.  Following the Company's premium listing announced on 20 May 2014, the ordinary shares of Nostrum Oil & Gas plc are now listed on the London Stock Exchange and are included in the FTSE 250 index.

ENDS

Further information

For further information please visit www.nog.co.uk

Further enquiries:

Nostrum Oil & Gas plcÐ Investor Relations

Kirsty Hamilton-Smith

Bruno G. Meere

[e-mail]                                                                                                          

+ 44 (0) 203 740 7430

Instinctif Partners - UK

Tony Friend

David Simonson

Anca Spiridon

Catherine Wickman

+ 44 (0) 207 457 2020

About Nostrum Oil & Gas

Nostrum Oil & Gas PLC is an independent oil and gas company currently engaging in the production, development and exploration of oil and gas in the pre-Caspian Basin. Its shares are listed on the London Stock Exchange (ticker symbol: NOG). The principal producing asset of Nostrum Oil & Gas PLC is the Chinarevskoye field, in which it holds a 100% interest and is the operator through its wholly-owned subsidiary Zhaikmunai LLP. In addition, Nostrum Oil & Gas holds a 100% interest in and is the operator of the Rostoshinskoye, Darinskoye and Yuzhno-Gremyachenskoye oil and gas fields through the same subsidiary. Located in the pre-Caspian basin to the north-west of Uralsk, these exploration and development fields are situated approximately 60 and 120 kilometres respectively from the Chinarevskoye field.

Forward-Looking Statements

Some of the statements in this document are forward-looking. Forward-looking statements include statements regarding the intent, belief and current expectations of the Group or its officers with respect to various matters. When used in this document, the words "expects," "believes," "anticipates," "plans," "may," "will," "should" and similar expressions, and the negatives thereof, are intended to identify forward-looking statements. Such statements are not promises or guarantees, and are subject to risks and uncertainties that could cause actual outcomes to differ materially from those suggested by any such statements.

No part of this announcement constitutes, or shall be taken to constitute, an invitation or inducement to invest in the Company or any other entity, and shareholders of the Company are cautioned not to place undue reliance on the forward-looking statements. Save as required by the Listing Rules and applicable law, the Company does not undertake to update or change any forward-looking statements to reflect events occurring after the date of this announcement.

 

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