Last century up to the end of the 80’s Kyzylorda Oblast of Kazakhstan was considered an agrarian region that was used to raise rice, vegetables and wheat. But one day a large oil deposit was found in this region. South Turgai plain turned out to be very rich in hydrocarbons. Since then the exploration of new deposits is continuously ongoing in Kyzylorda Oblast. Being one of the leading oil companies of the country, PetroKazakhstan Company is completing its associated gas utilization project this year. Preservation of the ecological balance of nature is one of the top priorities that PetroKazakhstan follows in its operations. Read full text

2008 PERFORMANCE RESULTS

In 2008 the company drilled 22 exploratory and appraisal wells. Well testing revealed a commercial inflow from 9 out of them, and 3 more wells are planned to be tested. Exploration in East Doshan revealed a commercial inflow, which proves the presence of new oil deposits in the eastern part of Karatau intercontinental geosuture. At present, the company estimates the reserves of crude oil and solute gas in East Doshan. In 2008, commercial inflow tests of wells in license block 1057 and well in Karaganda block were successful. Full text.

PetroKazakhstan press release (Word 55 Kb)

Corporate booklet (PDF 1906 Kb)