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Nostrum Oil & Gas PLC (NOGN.L)

NOGN.L on London Stock Exchange

337.00GBp
23 Nov 2017
Change (% chg)

-3.70 (-1.09%)
Prev Close
340.70
Open
342.30
Day's High
342.60
Day's Low
337.00
Volume
522,874
Avg. Vol
234,956
52-wk High
535.00
52-wk Low
328.40

Latest Key Developments (Source: Significant Developments)

Nostrum Oil & Gas nine-month revenues rise to over $303 mln
Tuesday, 31 Oct 2017 03:00am EDT 

Oct 31 (Reuters) - NOSTRUM OIL & GAS PLC ::‍9M 2017 AVERAGE PRODUCTION OF 44,879 BOEPD​.‍Q3 2017 AVERAGE PRODUCTION OF 41,265 BOEPD​.‍9M 2017 AVERAGE SALES VOLUMES OF 39,600 BOEPD​.‍Q3 2017 AVERAGE SALES VOLUMES OF 36,635 BOEPD​.‍9M REVENUES IN EXCESS OF US$303 MILLION (9M 2016: US$241.5 MILLION)​.‍CASH POSITION IN EXCESS OF US$144 MILLION (H1 2017: US$97.5 MILLION)​.‍TOTAL DEBT OF US$1,057 MILLION AND NET DEBT OF APPROXIMATELY US$913 MILLION AS AT 30 SEPTEMBER 2017​.  Full Article

Nostrum says will not be possible to bring gas into GTU3 in 2017​
Wednesday, 18 Oct 2017 02:00am EDT 

Oct 18 (Reuters) - Nostrum Oil & Gas Plc ::NOSTRUM OIL & GAS PLC - ‍DUE TO DELAYED DELIVERY OF SOME VALVES REQUIRED FOR GTU3 WITH GTU1&2 IT WILL NOT BE POSSIBLE TO BRING GAS INTO GTU3 IN 2017​.NOSTRUM OIL & GAS PLC - ‍PREVIOUSLY PLANNED THREE WEEK SHUT DOWN OF GTU1&2 HAS THEREFORE BEEN POSTPONED UNTIL AFTER WINTER PERIOD​.NOSTRUM OIL & GAS PLC - ‍SHUT DOWN AND TIE- IN OF GTU1&2 IS NOW SCHEDULED TO BE COMPLETED IN APRIL 2018​.NOSTRUM OIL & GAS PLC - ‍POSTPONEMENT OF GTU3 COMMISSIONING DOES MEAN THAT PRODUCTION GUIDANCE FOR FIRST SIX MONTHS OF 2018 WILL BE IMPACTED​.NOSTRUM OIL & GAS-NOT BE ABLE TO RAISE PRODUCTION ABOVE CURRENT CAPACITY OF 45,000 BOEPD; TARGET TO RAMP UP PRODUCTION TO 100,000 BOEPD BY 2020 UNCHANGED​.NOSTRUM OIL & GAS PLC - ‍TOTAL COST OF PLANT IS NOT IMPACTED BY DELAY TO TIE-IN AND COMMISSIONING AND REMAINS AT US$532 MILLION​.NOSTRUM OIL & GAS PLC - ‍COMPANY REMAINS FULLY FUNDED TO COMPLETE GTU3 AND RAMP UP PRODUCTION​.  Full Article

Nostrum Oil & Gas appoints Atul Gupta as chairman
Wednesday, 26 Apr 2017 04:26am EDT 

April 26 (Reuters) - Nostrum Oil & Gas Plc ::Says Atul Gupta, who previously chaired Nostrum's audit committee, has been appointed by board as chairman as from 25 April 2017.Says as Gupta's appointment Mark Martin has stepped down from position of chairman, assumed on temporary basis on 18 April.  Full Article

Nostrum Oil & Gas q1 total production of 4.4 mmboe
Tuesday, 25 Apr 2017 02:00am EDT 

April 25 (Reuters) - Nostrum Oil & Gas Plc ::Q1 2017 total production of 4.4 mmboe, average daily production of 48,743 boepd.Revenues expected to be in excess of us$110 million (q1 2016: us$73.9 million).Total debt of us$964.1 million and net debt of about us$840.0 million.Frank Monstrey resigned from position as Nostrum chairman and member of board of directors effective from April 17, 2017.Mark Martin has been appointed by board as chairman from April 18, 2017.  Full Article

Nostrum Oil & Gas names Mark Martin as chairman
Tuesday, 18 Apr 2017 05:13am EDT 

April 18 (Reuters) - Nostrum Oil & Gas Plc ::Frank Monstrey has resigned from his position as chairman and as a member of board of directors of Nostrum.Frank Monstrey's resignation taking effect from April 17.Mark Martin, who previously served as senior independent director, has been appointed by board as its chairman as from April 18.  Full Article

Nostrum Oil & Gas appoints Tom Richardson as CFO
Friday, 26 Aug 2016 11:00am EDT 

Nostrum Oil & Gas Plc : Appointment of new chief financial officer . Tom Richardson, currently group head of corporate finance, has been appointed as company's chief financial officer . Richardson succeeds Jan-Ru Muller, who steps down from board of company and as cfo with effect from such date .Says Tom Richardson's appointment effective from 1 september 2016.  Full Article