AKIPRESS.COM - On 20 January 2015, the JSC KazMunaiGas Exploration Production Board of Directors held a meeting and elected Christopher Hopkinson, the First Deputy Chair of the Management Board of National Company KazMunaiGas, as the Chairman of the Board of Directors of KMG EP and as Chairman of the KMG EP Nominations Committee.

The term of the current Board of Directors of KMG EP expires on 13 April 2015.

Board of Directors of the Company as of 21 January 2015:

Christopher Hopkinson – Chairman of the Board of Directors of KMG EP, First deputy chairman of the Management Board of NC KMG
Abat Nurseitov – CEO, Chairman of the KMG EP Management Board
Timur Bimagambetov – Deputy Chairman of Management Board for offshore and individual oilfield service projects at NC KMG
Asiya Syrgabekova – Managing Director for investment and risk management at NC KMG
Yerzhan Zhangaulov – Managing Director for legal support at NC KMG
Philip Dayer – Independent Non-Executive Director
Edward Walshe – Independent Non-Executive Director
Alastair Ferguson – Independent Non-Executive Director

Board of Directors Nominations Committee as of 21 January 2015:

Christopher Hopkinson – Chairman of the Committee
Edward Walshe – Member of the Committee
Philip Dayer – Member of the Committee

KMG EP is among the top three Kazakh oil and gas producers. The overall production in 2013 was 12.4 million tonnes (an average of 251 kbopd) of crude oil, including the Company’s share in Kazgermunai, CCEL and PKI. The Company’s total consolidated volume of proved and probable reserves including shares in the associates, as at the end of 2013 was 200 million tonnes (1.5 bn bbl), out of which 148.8 million tonnes (1.1 bn bbl) relates to Ozenmunaigas, Embamunaigas, and UOG (Rozhkovskoye field, Fyodorovskiy block). The Company’s shares are listed on the Kazakhstan Stock Exchange and the GDRs are listed on The London Stock Exchange. The Company raised over US$2bn in its IPO in September 2006.