Business
Re Acquisition by KazStroySer
Re Acquisition by KazStroySer.
About this update from Nostrum Oil & Gas Plc
[{"type":"text","content":"\n RNS Number : 2267L Zhaikmunai LP 04 May 2010 \n \n\nPRESS - RELEASE\nZhaikmunai LP \n \nNOT FOR PUBLICATION, DISTRIBUTION OR RELEASE, DIRECTLY OR INDIRECTLY, IN OR INTO AUSTRALIA, CANADA, JAPAN OR THE UNITED STATES \n \nLondon - May 4, 2010 - Zhaikmunai LP (LSE:ZKM), the oil and gas exploration, development and production company with assets in north-western Kazakhstan, announces that it has been informed by its principal shareholder, Claremont Holdings Limited, that KazStroyService Global B.V. has received approval from the competition authorities in the Republic of Kazakhstan for its in November last year announced acquisition from Claremont of 50 million Zhaikmunai L.P. global depositary receipts, representing a 27% interest in Zhaikmunai L.P. Completion of the acquisition by KazStroyService Global B.V. is expected to occur shortly.\n\n\n \n \nFurther enquiries \n \n Bert Jordens [email protected]\n Investor Relations Officer +44 1624 682179\n www.zhaikmunai.com\n \n Brunswick \n Michael Harrison, Carole Cable +44 (0)20 7404 5959 \n \n \n \nAbout Zhaikmunai \n \nZhaikmunai is an independent oil and gas enterprise currently engaging in the exploration and development and production of oil and gas. It is listed on the the London Stock Exchange (Ticker symbol: ZKM). Its principal producing asset is the Chinarevskoye Field located in northwestern Kazakhstan. Zhaikmunai L.L.P., a wholly-owned subsidiary of Zhaikmunai L.P., holds a 100% interest in and is the operator of the Production Sharing Agreement for the Chinarevskoye Field. \n \nForward-Looking Statements: \n \nSome of the statements in this ...