Petrokazakhstan (NYSE:PKZ)
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PetroKazakhstan Inc. - Lukoil Dispute Update
CALGARY, April 19 /PRNewswire-FirstCall/ -- PetroKazakhstan Inc. (the
"Company") has received Turgai Petroleum's News Release issued on 19th April
2005 and stating that the "seizure" of PetroKazakhstan's shares in Turgai
Petroleum, as a "security measure" was confirmed by an extract from the
register dated 18th April 2005.
The company is considering this statement, seeking to determine the date of
inscription on the register and reviewing legal and procedural compliance
issues related to such inscription.
PetroKazakhstan Inc. is a vertically integrated, international energy company,
celebrating its eighth year of operations in the Republic of Kazakhstan. It is
engaged in the acquisition, exploration, development and production of oil and
gas, refining of oil and the sale of oil and refined products.
PetroKazakhstan shares trade in the United States on the New York Stock
Exchange, in Canada on The Toronto Stock Exchange, in the United Kingdom on the
London Stock Exchange and in Germany on the Frankfurt Exchange under the symbol
PKZ. As of December 27, 2004, PetroKazakhstan shares began trading on the
Kazakhstan exchange under the symbol CA_PKZ. The Company's website can be
accessed at http://www.petrokazakhstan.com/.
The Toronto Stock Exchange has neither approved nor disapproved the
information contained herein.
DATASOURCE: PetroKazakhstan Inc.
CONTACT: Ihor P. Wasylkiw, Vice President Investor Relations,
(403) 221-8658, (403) 383-2234 (cell); Jeffrey D. Auld, Vice President,
Treasurer, + 44 (1753) 410-020, + 44 79-00-891-538 (cell)