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Nostrum Oil & Gas ( (GB:NOG) ) has shared an update.
Nostrum Oil & Gas has extended its processing agreement with Ural Oil & Gas for hydrocarbons from the Rozhkovskoye field until May 2031. This extension is expected to enhance Nostrum’s operational capacity and support its growth strategy by securing additional third-party hydrocarbon feedstock, while also benefiting Ural O&G by facilitating further development of the Rozhkovskoye field.
More about Nostrum Oil & Gas
Nostrum Oil & Gas PLC is an independent mixed-asset energy company with world-class gas processing facilities and an export hub located in north-west Kazakhstan. The company is listed on the London Stock Exchange and operates primarily through its wholly-owned subsidiary Zhaikmunai LLP, which manages the Chinarevskoye field. Nostrum also holds significant interests in other fields in the West Kazakhstan region.
YTD Price Performance: -2.41%
Average Trading Volume: 132,228
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £4.71M
See more insights into NOG stock on TipRanks’ Stock Analysis page.