BAKU, Azerbaijan, Mar. 19
By Nargiz Sadikhova - Trend:
Kazakhstan’s KazBurGas JSC, which is concerned with the drilling of oil and gas wells has paid out dividends for 2019, Trend reports citing the company’s statement published by Kazakhstan Stock Exchange.
The statement said that the payments were made on ordinary and preferred shares in the value of 209 tenge ($0.5) per share.
Thus, the company paid out a total of 196.3 million tenge ($468,950) on ordinary shares, and 705,166 tenge ($1,680) on preferred shares.
Some 2.8 million tenge ($6,820) were transferred to Kazakhstan’s Central Securities Depository due to unclaimed dividends.
Kazburgas JSC has been present on Kazakhstan market since 1996 as a result of a merger between Karachaganak Drilling Operations Department and Aksai Drilling Operations Department (Karachaganakgasprom OJSC).
The Company is consisting of highly experienced oil and gas industry staff and has long-term business relations with such large companies as Karachaganak Petroleum Operating B.V., Zhaikmunai LLP, Schlumberger Logelco Inc., Weatherford, Halliburton International Inc., SMAPE, Saipem and others.
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