OREANDA-NEWS. June 18, 2015. Aman Munai Exploration JSC (Almaty), whose shares are officially listed on Kazakhstan Stock Exchange (KASE), has by an official letter informed KASE of the following:

On May 22, 2015 the validity of contract No. 2373 for exploration of oil and gas in field Akzhar East expired, with the subsoil user being a 100% subsidiary of the Company – Aman Munai LLP.

The trial oil production carried out under the respective project was discontinued. Currently, Aman Munai LLP is conducting negotiations with authorized government bodies for possible extension of the contract's validity and is searching for funds for meeting requirements of the work program.