History
2021
Production 17,032 boepd
2020
Production 22,337 boepd
Infrastructure Development
- Disposal of the Darinskoye and Yuzhno-Gremyachenskoye licences
2019
Production 28,540 boepd
Sales 26,626 mmboe
Infrastructure Development
- Full commissioning of GTU3
- Drilling completed on wells 41 & 42
Geological Development
- No commercial hydrocarbons at wells 41, 42 and 361
Financial Development
Review of strategic and operational options
2018
29,516 boepd
Infrastructure Development
- GTU3 completed
- Low Pressure System
- Working to better understand and respond to climate change risk
Geological Development
- Ural Oil & Gas offtake agreement
Financial Development
US$400m bond issued at 7.000% to fully refinance the remainder of the Company’s bond debt due 2019
2017
37,844 boepd
488 mmboe
Infrastructure Development
- Connection to the KazTransOil pipeline completed
Financial Development
US$8.000% senior notes dues 2022 with proceeds used in part to refinance existing notes
2016
39,043 boepd
466 mmboe
Infrastructure Development
- Connection to the KazTransOil pipeline completed
Geological Development
- Realised target depth on the Company’s first exploration well at Rostoshinkoye
2015
38,576 boepd
470 mmboe
Infrastructure Development
- Power plant
- Gas lift facilities
2014
43,181 boepd
571 mmboe
Financial Development
Admission to the premium listing category of the London Stock Exchange and FTSE 250
2013
44,731 boepd
584 mmboe
Geological Development
- Acquisition of Trident
2012
35,745 boepd
506 mmboe
Financial Development
US$540m bond issued at 7.125% to refinance part of bond debt and for general corporate purposes
2011
12,683 boepd
522 mmboe
Infrastructure Development
- Gas treatment facility completed
- 17km dry gas pipeline completed
- Water injection facilities
- Nostrum begins reporting on GHG emissions
2010
7,562 boepd
527 mmboe
Infrastructure Development
- Opening of fully automated rail loading terminal
- Gas pipeline
Financial Development
US$450m bond raised at 10.5%
2009
7,201 boepd
527 mmboe
Infrastructure Development
- Opening of fully automated rail loading terminal
- 120km crude oil and stabilised condensate pipeline completed between the Chinarevskoye field and the rail terminal, near Uralsk
Geological Development
- Major discovery of condensate reservoirs at Chinarevskoye
Financial Development
US$300m placing at $4 per GDR
2008
4,909 boepd
529 mmboe
Financial Development
US$100m IPO at $10 per GDR and US$550m borrowing-based facility in place
2007
4,841 boepd
397 mmboe
Infrastructure Development
- GTU1&2 project commenced
- Independent HSE Compliance Report first undertaken by AMEC
2006
317 mmboe
2005
199 mmboe
Infrastructure Development
- Oil treatment unit
Geological Development
- Acquisition of Chinarevskoye
2004
199 mmboe
Infrastructure Development
- Zhaikmunai LLP is acquired