Nostrum Oil&gas Regulatory News (NOG)

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES OF AMERICA (EXCEPT TO QUALIFIED INSTITUTIONAL BUYERS UNDER RULE 144A OF THE SECURITIES ACT), AUSTRALIA OR JAPAN OR ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF THAT JURISDICTION

Disclosure of inside information in accordance with Article 17 of Regulation (EU) 596/2014 (16 April 2014) relating to Nostrum Oil & Gas PLC and Zhaikmunai LLP

Amsterdam, 9 February 2018

NOSTRUM OIL & GAS PRICING ANNOUNCEMENT

Nostrum Oil & Gas PLC (the Company), a LSE listed, independent oil and gas producer in the pre-Caspian Basin, rated B2/B by Moody's/S&P, announced today the pricing of its offering of US$400 million 7.000% Senior Notes due 2025 (the "Notes"). Banca IMI, Citi, Deutsche Bank and VTB Capital acted as Joint Bookrunners.

The proceeds of the offering will be used, in part, to pay the call price of the outstanding Eurobonds issued by its subsidiary, Zhaikmunai LLP, due 2019, to pay certain fees and expenses in connection with the refinancing, and for general corporate purposes. FCA/ICMA stabilization applies.

_________

LEI: 2138007VWEP4MM3J8B29

Further information

For further information please visit www.nog.co.uk 

Further enquiries

Nostrum Oil & Gas PLC - Investor Relations

Kirsty Hamilton-Smith

Amy Barlow

+44 203 740 7433

ir@nog.co.uk

Instinctif Partners - UK

David Simonson

George Yeomans

+ 44 (0) 207 457 2020

Promo Group Communications - Kazakhstan

Asel Karaulova

Irina Noskova

+ 7 (727) 264 67 37

Notifying person

Thomas Hartnett

Company Secretary

Disclaimer

This press release (and the information contained herein) is not an offer of securities for sale, or the solicitation of an offer to purchase securities, in the United States ("U.S."). Securities may not be offered or sold in the U.S. absent registration under the U.S. Securities Act of 1933, as amended (the "Securities Act") or an exemption from registration. In the United States this communication is only directed at investors who are "qualified institutional buyers" under Rule 144A of the Securities Act. The securities referred to herein have not been and will not be registered under the Securities Act. No public offering of the securities will be made in the U.S.

It may be unlawful to distribute this press release in certain jurisdictions. This press release in not for distribution in Canada, Japan or Australia. The information in this press release in does not constitute an offer of securities for sale in Canada, Japan or Australia or any other jurisdiction.

In the United Kingdom this communication is being distributed only to and is directed only at (a) persons outside the United Kingdom, (b) "qualified investors" within the meaning of Article 2(1)(e) of the Prospectus Directive (Directive 2003/71/EC who are (i) persons who have professional experience in matters relating to investments falling within the definition of "investment professionals" in Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the "Order"), or (c) high net worth entities falling within Article 49(2)(a) to (d) of the Order, and (iii) other persons to whom it may be lawfully communicated (all such persons together being referred to as "relevant persons"). The securities are available only to, and any invitation, offer or agreement to subscribe, purchase or otherwise acquire such securities will be available only to or will be engaged in only with, relevant persons. Any person who is not a relevant person should not act or rely on this communication or any of its contents.

About Nostrum Oil & Gas

Nostrum Oil & Gas PLC is an independent oil and gas company currently engaging in the production, development and exploration of oil and gas in the pre-Caspian Basin. Its shares are listed on the London Stock Exchange (ticker symbol: NOG). The principal producing asset of Nostrum Oil & Gas PLC is the Chinarevskoye field, in which it holds a 100% interest and is the operator through its wholly-owned subsidiary Zhaikmunai LLP. In addition, Nostrum Oil & Gas holds a 100% interest in and is the operator of the Rostoshinskoye, Darinskoye and Yuzhno-Gremyachenskoye oil and gas fields through the same subsidiary. Located in the pre-Caspian basin to the north-west of Uralsk, these exploration and development fields are situated approximately 60 and 120 kilometres respectively from the Chinarevskoye field.

Forward-Looking Statements

Some of the statements in this document are forward-looking. Forward-looking statements include statements regarding the intent, belief and current expectations of the Partnership or its officers with respect to various matters. When used in this document, the words "expects," "believes," "anticipates," "plans," "may," "will," "should" and similar expressions, and the negatives thereof, are intended to identify forward-looking statements. Such statements are not promises or guarantees, and are subject to risks and uncertainties that could cause actual outcomes to differ materially from those suggested by any such statements.

No part of this announcement constitutes, or shall be taken to constitute, an invitation or inducement to invest in the Company or any other entity, and shareholders of the Company are cautioned not to place undue reliance on the forward-looking statements. Save as required by the Listing Rules and applicable law, the Company does not undertake to update or change any forward-looking statements to reflect events occurring after the date of this announcement.