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Nostrum Oil & Gas PLC (NOGN.L)

NOGN.L on London Stock Exchange

84.10GBp
11:35am EDT
Change (% chg)

0.30 (+0.36%)
Prev Close
83.80
Open
84.10
Day's High
84.60
Day's Low
81.90
Volume
105,553
Avg. Vol
218,722
52-wk High
315.50
52-wk Low
80.91

Latest Key Developments (Source: Significant Developments)

Nostrum Oil & Gas Nine Month Average Sales Volumes Of 30,523 Boepd
Tuesday, 27 Nov 2018 02:01am EST 

Nov 27 (Reuters) - Nostrum Oil & Gas PLC ::9 MONTH REVENUE OF US$311.4 MILLION (9M 2017: US$303.7 MILLION).NINE-MONTH EBITDA OF US$187.7 MILLION (9M 2017: US$171.5 MILLION).9M 2018 AVERAGE SALES VOLUMES OF 30,523 BOEPD (9M 2018 FIELD PRODUCTION: 31,757 BOEPD).AVERAGE FORECAST FIELD PRODUCTION FOR 2019 WILL BE 30,000 BOEPD CORRESPONDING TO SALES VOLUMES OF APPROXIMATELY 28,000 BOEPD.  Full Article

Nostrum Oil & Gas Announces ‍Pricing Of Senior Notes Offering Of $400 Mln
Friday, 9 Feb 2018 02:00am EST 

Feb 9 (Reuters) - Nostrum Oil & Gas Plc ::SAYS ‍PRICING OF ITS OFFERING OF US$400 MILLION 7.000% SENIOR NOTES DUE 2025 ​.‍BANCA IMI, CITI, DEUTSCHE BANK AND VTB CAPITAL ACTED AS JOINT BOOKRUNNERS​.‍PROCEEDS OF OFFERING WILL BE USED, IN PART, TO PAY CALL PRICE OF OUTSTANDING EUROBONDS ISSUED BY ITS SUBSIDIARY, ZHAIKMUNAI LLP, DUE 2019​.  Full Article

Nostrum Oil & Gas And BTA Bank Jsc Enters Into Mutual Release Of Any And All Claims
Thursday, 1 Feb 2018 02:01am EST 

Feb 1 (Reuters) - Nostrum Oil & Gas Plc ::SAYS ‍CO AND BTA BANK JSC ENTERED INTO MUTUAL RELEASE OF ANY AND ALL CLAIMS THAT EITHER PARTY HAD OR MAY HEREAFTER HAVE.  Full Article

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