KMG EP IS ONE OF THE TOP THREE LEADERS IN TERMS OF OIL PRODUCTION IN KAZAKHSTAN.
By consolidated production volumes KMG EP controls around 15% of Kazakhstan’s total production and by consolidated proven reserves about 3%. The volume of proved and probable reserves including the Company’s share in Kazgermunai, CCEL and PKI as of 2011 year end were about 285 million tonnes (2,083 million barrels).
(FEDOROVSKIY BLOCK) 50% (2011) 7. KARPOVSKIY SEVERNIY LLP
(KARPOVSKIY SEVERNIY BLOCK) 51% (2011) 8. KMG EP LLP EXPLORATION ASSETS 100% (2010)
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.
Shares of the Company are listed on the Kazakhstan Stock Exchange (KASE) and global depositary receipts (GDRs) on the London Stock Exchange (LSE). Overall, analysts note that shares of KMG EP were undervalued and of interest from the point of view of growth in price with high dividends.