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| Name | Symbol | Market | Type |
|---|---|---|---|
| Mol Magyar Olay Es Gazipari Rt (PK) | USOTC:MGYOY | OTCMarkets | Depository Receipt |
| Price Change | % Change | Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.068 | 1.81% | 3.828 | 3.75 | 3.93 | 3.93 | 3.75 | 3.82 | 20,875 | 20:59:33 |
From Aug 2019 to Aug 2024
BUDAPEST--Hungarian oil company MOL Nyrt. (MOL.BU) announced Thursday a deal to buy a 49% share in JSC Karpovskiy Severniy, the holder of the North Karpovsky exploration license in Kazakhstan, a subsidiary of JSC Kazmunaigas Exploration and Production (RDGZ.KX), owned by Kazakh state oil company JSC Kazmunaigas.
MAIN FACTS:
- MOL Announces Deal to Buy 49% in Kazakh JSC Karpovskiy Severniy
- JSC Karpovskiy Severniy is owned by JSC Kazmunaigas Exploration and Production
- North Karpovsky block located in the vicinity of MOL's Fedorovsky block
- MOL has 27.5% share in Fedorovsky block
- Total prospective recoverable resources are 240 million BOE, according to KMG EP estimates
- Area well covered by seismic data, information from exploration wells, MOL says
- Transaction subject to consent of Kazakh ministry, and EU, local antimonopoly bodies
- MOL closed up 0.6% at HUF16,800 Wednesday.
Write to the Budapest Bureau at budapest@dowjones.com
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