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KMG EP’s mission is to maximize benefits for the shareholders of the Company, by producing hydrocarbons in an efficient and expedient way, creating long-term economic and social value for the regions in which we operate and providing the development of each employee to reach their potential.


KMG EP – a leading company in the field of hydrocarbon exploration and production in Kazakhstan, among the leaders of oil and gas business in the Caspian region, able to compete globally.

The Company, KazMunaiGas Exploration Production JSC (KMG EP) was established through the merger of Uzenmunaigas JSC (UMG) and Embamunaigas JSC (EMG) in March 2004.

The total volume of 2P reserves at the UMG and EMG fields is 1.7 billion barrels (over 234 million tonnes). Today the Company operates 41 fields excluding acquisitions made from 2007 through 2010. Including the stakes in JV Kazgermunai LLP, CCEL and PetroKazakhstan Inc. the total volume of proved and probable reserves is about 2.2 billion barrels. KMG EP is the second largest oil producer in Kazakhstan.

The Company’s shares are listed on the Kazakhstan Stock Exchange (KASE) and its GDRs are listed on the London Stock Exchange (LSE).

KMG EP has many years’ experience of oil production in Kazakhstan and expert geological knowledge of the area.

KMG EP has unique comparative advantages over other companies, since it enjoys privileged access to the oil and gas assets and onshore infrastructure in Kazakhstan as a result of relations with its parent company, National Company KazMunayGas (NC KMG).