What you need to know

Because of its relationship with the Kazakh government and the parent firm, Muntasgaz LLP enjoys priority access to exploration acreage. The Company has access to new territories secured through direct discussions with the government, in addition to pre-emption rights to purchase existing oil and gas assets offered for sale. This advantage enables the Company to expand its exploration portfolio and compete effectively against the world’s leading oil companies.

The Company believes that Kazakhstan has significant exploration potential, both offshore and onshore. Offshore exploration is now being carried out by Muntasgaz LLP in the areas of Liman, Taisogan, R-9, and the areas surrounding the Uzen and Karamandybas fields. On the surface, the country has been thoroughly explored to a depth of 3–3.5 kilometers. Muntasgaz LLP, on the other hand, feels that there are significant prospective resources down that depth, especially in the subsalt layers.

The Company is planning to continue seismic studies at existing exploration blocks andplanning to drill exploration wells targeting subsalt structures as well as looking for additions to the Company's exploration portfolio using NC KMG's right for direct negotiations with the Government for new exploration licenses. Industris Oil & Gas Exploited is committed to helping its clients reach their goals, to personalising their event experiences, to providing an innovative environment, and to making a difference.
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