NLG.L Regulatory News (NLG)

29 Jul 2005 10:38

29 July 2005 NELSON RESOURCES LIMITED SETS SECOND QUARTER RESULTS RELEASE DATE AND CONFERENCE CALL Nelson Resources Limited (TSX / AIM: NLG), a leading independent oilexploration and production company operating in Kazakhstan, will announce itsresults for the three and six months ended June 30, 2005, on Monday August 15,2005.There will be a conference call and presentation, hosted by Nelson's SeniorVice President Fred Hodder and Chief Financial Officer Nick Greene, at 2:30pmBST (1:30pm UTC, 9:30am EDT) on the day. Instructions for participating in thecall are given below, and will also be available from Nelson's website at www.nelsonresources.com. Alternatively, please contact Paddy Blewer on thenumber below.If you are unable to join the call, a replay will be available from Nelson'swebsite approximately two hours after the call ends.For further information, please contact:----------------------------------------Fred Hodder, Senior Vice President Tel: +44 20 7495 8908Nelson Resources Limited fhodder@nelsonresources.co.ukInvestor Relations:Nick Lambert / Paddy Blewer Tel: +44 20 7861 3232Bell Pottinger Corporate & Financial (London)Conference Call Participation Instructions------------------------------------------The conference call will be hosted by Fred Hodder, Senior Vice President, andNick Greene, Chief Financial Officer. It will take place at 2:30pm BST (1:30pmUTC, 9:30am EDT) on Monday, August 15. If you wish to join this call, pleasedial: - From the UK - 0845 140 0173 - From North America - 1-866-224-3295 - From abroad - +44 (0)1452 568 060This call should be listened to in conjunction with the results presentation.Please download the presentation from www.nelsonresources.com, where it will beavailable before the call. Alternatively, you may view the presentation online: - Go to www.meetingcentre.net (note the European spelling) - Click on `Attend a Meeting' - Enter the following meeting number: 701 029 602The conference call will include a Q&A session following the presentation. Ifyou are unable to join the conference call, then a recording will be availablefrom www.nelsonresources.com approximately two hours after it has beencompleted.Notes-----Nelson Resources Limited is an oil exploration and production company withoperations in the Republic of Kazakhstan. The Company established its presencein the Kazakhstan oil sector in 2000 and its management team, comprising bothinternational and Kazakh executives, has extensive experience of the Kazakhoperating and regulatory environment. The Company owns 50% of Kazakhoil AktobeLLP (KOA), a 50/50 joint venture between Nelson and Kazmunaigas, the nationaloil company of Kazakhstan, which is developing the Alibekmola and Kozhasaifields. The Company owns a 50% participatory interest in the North Buzachi oilfield located in western Kazakhstan (50% Nelson, 50% CNPC International(Buzachi) Inc.). In May 2004, Nelson purchased 60% of Chaparral Resources Inc.,which has a 60% interest in the joint stock company Karakudukmunai, operator ofand owner of a 60% interest in the Karakuduk field. In January of 2005, Nelsonacquired the 40% interest in this field previously owned by Kazmunaigas,bringing the Company's aggregate ownership interest in the field to 76%. InFebruary 2005, the Company also acquired a 50% interest in the Arman field,with the other 50% held by Shell. The Company also holds an option to acquire aminimum 25% participatory interest in two Caspian Sea offshore blocks, ZhambaiSouth and South Zaburunye. The Company maintains its operational office inAlmaty, Kazakhstan, which oversees the field joint ventures in westernKazakhstan. Nelson and its affiliated companies employ approximately 1,100people. Common shares of Nelson are listed on the Toronto Stock Exchange andLondon's Alternative Investment Market under the symbol NLG.Further information on Nelson Resources can be found on the Company's website at www.nelsonresources.com.NELSON RESOURCES LIMITED