Nostrum has conditionally agreed to acquire a 50% share in Positive Invest, holder of subsoil use rights to the Stepnoy Leopard licences in NW Kazakhstan, for USD 0.5 MM. Stepnoy Leopard features 2 licences + 8 fields, mainly gas-cond. They lie in near vicinity of west of Nostrumâs Chinarevskoye + Rostoshinskoye fields and its oil and condensate loading terminal at Beles. Plans call for determining the optimal field devt. An application will be made for a 25-year extn of the rights. Release here.
Nostrum has conditionally agreed to acquire a 50% share in Positive Invest, holder of subsoil use rights to the Stepnoy Leopard licences in NW Kazakhstan, for US$0,5 MM. Stepnoy Leopard features 2 licences + 8 fields, mainly gas-cond.