An exclusive opportunity to acquire 100% of the subsoil use rights for a strategic brownfield oil asset located in the prolific Aktobe Region. This project represents a high-upside redevelopment play, characterized by significant state-certified reserves, shallow-depth production horizons, and substantial untapped potential through modern Enhanced Oil Recovery (EOR) applications.

Asset Fundamentals & Reserve Audit

The asset’s value proposition is supported by official reserves registered on the State Balance of the Republic of Kazakhstan:

• Total Geological Reserves (B+C1): 1,508,000 Tons

• Current Recoverable Reserves (B+C1): 87,000 Tons

• Historical Cumulative Production: 430,000 Tons

Stratigraphic Breakdown:

• Middle Jurassic (J2): 572k tons Geological / 56k tons Recoverable

• Permo-Triassic (PT): 936k tons Geological / 31k tons Recoverable

Strategic Investment Highlights

• Optimization Potential: With a historical Recovery Factor (RF) of only 5.7%, the asset is prime for secondary and tertiary recovery. Implementation of thermal stimulation and polymer flooding is projected to significantly enhance recoverable volumes.

• Low CAPEX Environment: Target horizons are situated at depths of 300–550 meters. These shallow reservoirs facilitate low-cost drilling programs and cost-effective workover operations on the existing well stock.

• Data Integrity & Infrastructure: The acquisition includes a comprehensive technical database, including 2D seismic (Maersk Oil) and historical well logs. The asset benefits from proximity to established regional pipeline networks and logistics hubs.

• Operational Status: Currently in the pilot production preparation phase, offering a clear pathway to near-term cash flow.

Transaction Terms

The divestment is structured as a full transfer of subsoil use rights. Qualified investors may gain access to the Virtual Data Room (VDR)—containing geological passports and reserve certifications—following the execution of a formal Non-Disclosure Agreement (NDA).