Nostrum agrees to purchase oil and gas assets in north-west Kazakhstan

in #dlike5 years ago

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Nostrum has agreed to acquire 50% of Positive Invest, which holds the subsoil use rights to the Stepnoy Leopard licences in North Western Kazakhstan.Oil and gas company Nostrum has agreed to acquire 50% of Positive Invest, which holds the subsoil use rights to the Stepnoy Leopard licences in northwestern Kazakhstan.

Nostrum will acquire the stake for $500,000.

Nostrum has the right to acquire the remaining 50%, subject to the satisfaction of certain additional conditions. It can acquire the r


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