OREANDA-NEWS. August 2, 2010. JSC KazMunaiGas Exploration Production (KMG EP or the Company), announces that in the first six months of 2010 it produced 6,283 thousand tonnes of crude oil (257 kbopd) including the Company’s stakes in Kazgermunai (KGM), CCEL and PetroKazakhstan Inc. (PKI), which is 610 thousand tonnes or 11% more than during the same period of 2009. The increase in production results from the acquisition of 33% stake in PKI, which accounts for 733 thousand tonnes.

In the first six months of 2010 the Company produced 4,316 thousand tonnes (175 kbopd) of oil at production facilities of Uzenmunaigas and Embamunaigas, which is 107 thousand tonnes or 2% less than for the same period of last year. The decline in production was mainly caused by the failure to perform well service operations and oilfield equipment repair on time amid a strike by Uzenmunaigas workers over the period from March 4 through March 18 when some of the workers refused to get back to work.

In the first six months of 2010 KMG EP’s the stake in production of KGM, CCEL and PKI amounted to 1,967 thousand tonnes (81 kbopd).

According to preliminary data, during first six months of 2010 the Company supplied 4,310 thousand tonnes of crude oil (175 kbopd), excluding the share in supply from KGM, CCEL and PKI. Of this amount, 3,459 thousand tonnes (141 kbopd) were exported.

The Company’s share in the sales volumes from KGM, CCEL and PKI was 2,306 thousand tonnes of crude oil (96 kbopd), including 1,686 thousand tonnes (70 kbopd) supplied to export markets.