Transaction in Own GDRs

RNS Number : 2259W

Nostrum Oil & Gas LP

23 December 2013

 

Transaction in Own GDRs

Amsterdam, 23 December 2013 - Nostrum Oil & Gas LP (LSE: NOG) ("Nostrum Oil & Gas", or the "Partnership"),announces that in accordance with the authority granted by its Limited Partners at the Partnership's General Meeting on 28 March 2013, it purchased 25,314 of its Global Depositary Receipts ("GDRs") through VTB Capital plc during the period 16 December 2013 through and including 20 December 2013.

The highest and lowest price paid for the purchased GDRs was US$ 12.58 and US$ 12.00 per GDR, respectively.

The purchased GDRs will be held in treasury. Following the purchase of GDRs referred to above the Partnership holds a total of 1,799,126 GDRs as treasury and has 186,383,822 GDRs in issue (excluding those GDRs held as treasury GDRs).

Further information

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

Further enquiries

Nostrum Oil & Gas LP - Investor Relations

Bruno G. Meere

Kirsty Hamilton-Smith

[e-mail]                                                                                       + 31 20 737 2288

College Hill - UK                                                                                  + 44 (0) 207 457 2020

David Simonson

Tony Friend

Catherine Wickman

Anca Spiridon

Promo Group Communications - Kazakhstan

Asel Karaulova

Ekaterina Sulema                                                                               + 7 (727) 264 67 37

Deutsche Bank                                                                                   + 44 (0) 207 545 8000

Ben Lawrence

JM Hafner

Rob Abbott

VTB Capital plc                                                                                   + 44 (0) 203 334 8000

Alexander Metherell

Marcus Brown

Giles Coffey

About Nostrum Oil & Gas

Nostrum Oil & Gas is an independent oil and gas enterprise currently engaging in the production, development and exploration of oil and gas in north-western Kazakhstan. Its Global Depositary Receipts (GDRs) are listed on the London Stock Exchange (Ticker symbol: NOG). The principal producing asset of Nostrum Oil & Gas LP 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. Located in the pre-Caspian basin to the north-west of Uralsk, these exploration and development fields are 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 Partnership 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.

Deutsche Bank

Deutsche Bank AG is authorised under German Banking Law (competent authority: BaFin - Federal Financial Supervisory Authority) and authorised and subject to limited regulation by the Financial Conduct Authority (the "FCA"). Details about the extent of Deutsche Bank AG's authorisation and regulation by the FCA are available on request.

VTB Capital

VTB Capital Plc is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority.

 

END

 

 

POSTJBBTMBMTBAJ