Kurmangazy Iskaziyev has been appointed as Deputy Chairman of the Management Board for Exploration, Production and Oilfield Services at National Company KazMunaiGas
Astana, 14 June 2018. KazMunaiGas Exploration & Production (“KMG EP”) hereby informs about a situation where an individual that holds the position of a member of a management body or an executive body of a listed company starts holding this position concurrently with the position of a member of a management body or an executive body of another legal entity:
1) name of the legal entity where a member of a management body or an executive body of a listed company started holding this position concurrently: National Company KazMunaiGas (“NC KMG”);
2) full name of an individual that holds the position of a member of a management body or an executive body of a listed company that has been appointed as a member of a management body or an executive body of NC KMG: by resolution of the Board of Directors of NC KMG that was adopted on 12 June 2018 Kurmangazy Iskaziyev, the member of the Board of Directors – Chief Executive Officer (Chairman of the Management Board) at KMG EP, has been appointed as Deputy Chairman of the Management Board for Exploration, Production and Oilfield Services at NC KMG;
3) Kurmangazy Iskaziyev has the powers and holds the office of Deputy Chairman of the Management Board within the framework of the Charter and other internal documents of NC KMG.
Notes to Editors
KMG EP is among the top three Kazakh oil producers based on the 2017 results. The overall production in 2017 was 11.9 million tonnes (240 kbopd) of crude oil, including the Company’s share in Kazgermunai, CCEL and PKI. The Company’s volume of proved and probable reserves excluding shares in the associates, at the end of 2017 was 180 million tonnes (1,321 mmbbl).
For further details please contact us at:
KMG EP. Public Relations (+7 7172 97 7887)
Bakdaulet Tolegen
e-mail: pr@kmgep.kz
Forward-looking statements
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