The German bank's hope for a turnaround, it said, was based on the 2019 drilling programme at the northern area of Chinarevskoye, where Nostrum
has previously made an "encouraging" discovery.
Kai-Uwe Kessel, Chief Executive Officer of Nostrum
Oil & Gas, commented: 'Financially H1 2019 was strong with oil prices averaging US$66.20 per barrel and this meant we continued to generate operating cashflow in excess of our target and remain on course to end the year with over US$100m of cash.
has the right to buy the remaining 50%, subject to the satisfaction of certain additional conditions, at a price of USD 0.27 per boe of proven and probable reserves.
The proposed acquisition ensures Nostrum
ties in further resources in the region surrounding its gas processing facility that can be processed at the company's gas treatment facilities.
Adam Peaty made it four wins from four finals at the Mare Nostrum
series, taking the Men's 100m Breaststroke and Men's 50m Breaststroke in Barcelona.
Malik, Founding Rector of Virtual University and Otto Evjenth, chairman Mare Nostrum
The 21-year-old swimmer will be heading for Mare Nostrum
Swimming championship in Europe in June and he hopes to record his best time there.
Summary: TEHRAN (FNA)- Head of Iran's Qeshm Free Trade Zone Hamidreza Momeni held talks with senior officials of Spain's Air Nostrum
with the goal of cooperation for the CRJ planes' maintenance.
Tribune News Network Doha Leading figures from the world of sport, international organisations, business and civil society united at the special 'Sport Nostrum
' Forum, organised by Save the Dream recently.
Heraklion, Crete, Greece, September 06, 2017 --(PR.com)-- On Friday, September 1st, Creta Maris Beach Resort proceeded to voluntary cleaning of the coast, on the occasion of the certification of the Kastri / Creta Maris beach as a Sustainable Beach of the Mediterranean by Costa Nostrum
- Sustainable Beaches program.
IT was a great weekend for Tori Sopp of Wirral Metro as she enjoyed her first International meet at Le Mare Nostrum
in Canet, France.
But the following day fellow holidaymakers raised the alarm because he was lying motionless on a sunbed at the Mare Nostrum
Hotel in Playa Da En Bossa.
Late last year, the governments of the European Union, having refused to share the cost of a very successful operation called Mare Nostrum
in which the Italian Navy rescued tens of thousands of refugees from sinking boats in the Mediterranean, replaced it with a much smaller operation called Operation Triton.