BMB Munai Company News

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BMB Munai Sells Operating Subsidiary
BMB Munai has entered into a definitive purchase agreement to sell all of its interest in its wholly-owned operating subsidiary, Emir Oil, to a subsidiary of MIE Holdings.
7:00 PM EST | February 14, 2011
BMB Munai Pumps First Oil at Kariman Well
BMB Munai has commenced oil production from a directional wellbore, drilled on the Kariman-3 well.
7:00 PM EST | November 10, 2010
BMB Munai IDs Structures at Northwest Block
BMB Munai announced that Chapman Petroleum Engineering has completed an Evaluation of Prospective Resources of the Emir Oil, LLP Northwest Block territory.
8:00 PM EST | July 25, 2010
BMB Munai Recieves Contract Extension in Kazakhstan
BMB Munai, Inc. announced that its operating subsidiary, Emir Oil, LLP, has been granted a term extension under an addendum to contract No. 482 with the Ministry of Energy and Mineral Resources, of the Republic of Kazakhstan (MEMR).
8:00 PM EST | June 25, 2008
BMB Munai Extends Exchange Offer for Notes
BMB Munai has extended the expiration date of the exchange offer for its convertible notes to September 18, 2007.
8:00 PM EST | September 10, 2007
BMB Munai Appoints New CEO
BMB Munai has appointed Gamal Kulumbetov to the position of chief executive officer of the Company effective August 15, 2007.
8:00 PM EST | August 14, 2007
BMB Begins Exchange Offer of Convertible Notes
BMB Munai has commenced an exchange offer to its holders of the U.S. $60,000,000 5.0 percent Convertible Notes due 2012 of the Company issued pursuant to a Trust Deed dated July 13, 2007.
8:00 PM EST | August 09, 2007
BMB Munai, Inc. Places US$60 Million in Convertible Bonds
BMB Munai has successfully completed the private placement of US$60 million in principal amount of five year convertible bonds to non-U.S. persons outside of the United States in accordance with Regulation S under the U.S. Securities Act of 1933.
8:00 PM EST | July 17, 2007
BMB Reports Increase in Oil Reserves
BMB Munai, Inc. on Friday announced a summary of its annual evaluation of reserves prepared by reservoir consultant, Chapman Petroleum Engineering (Canada).
8:00 PM EST | June 14, 2007
BMB Munai Reports Early Dolinnoe-6 Production Results
BMB Munai, Inc. on Thursday announced the initial test results of the Dolinnoe-6 well, drilled earlier this year by Great Wall (China).
8:00 PM EST | May 17, 2007
BMB Set to Begin Kariman-1 Testing
BMB Munai, Inc. on Monday issued an updated status report on the Company's operations in its Kariman oil field.
8:00 PM EST | April 16, 2007
BMB Munai Maintains Production Target
BMB Munai, Inc. released production figures for the month of March 2007 covering production from the ADE block and Kariman field in the extended license territory.
8:00 PM EST | April 03, 2007
Kazakhstan Extends BMB's Exploration Contract
BMB Munai, Inc. said that Kazakhstan's Ministry of Energy and Mineral Resources (MEMR) has executed an extension to the exploration contract held by the company's subsidiary, Emir Oil LLP.
7:00 PM EST | February 27, 2007
BMB Reports Early Production Results for Kariman-2
BMB Munai, Inc. announced initial production results of testing one of four pay zones on the Kariman-2 well.
7:00 PM EST | February 11, 2007
BMB Munai Completes Dolinnoe-6
BMB Munai, Inc. said Tuesday that drilling of the Dolinnoe-6 well has been completed. The well was spudded in August 2006 and is the third well drilled by the Company on the Dolinnoe field.
7:00 PM EST | January 23, 2007
BMB Munai: Kariman-2 Drilling Finished
BMB Munai, Inc. said that drilling of the Kariman-2 well was finished on December 25, 2006, by its drilling contractor.
7:00 PM EST | January 07, 2007
BMB Begins Drilling Emir-6 in Kazakhstan
BMB Munai's drilling contractor, KandyagashBurService LLP, has completed mobilization of a 175 ton drilling rig to the Emir oil field, and spudded a new well, Emir-6.
8:00 PM EST | October 01, 2006
BMB Munai Approved for Listing on AMEX
The American Stock Exchange has approved the application of BMB Munai, Inc. for the listing of the Company's common stock on the American Stock Exchange under the trading symbol "KAZ."
8:00 PM EST | September 20, 2006
BMB Munai Suspends Re-entry Operations on Borly-2 Well
BMB Munai has ceased re-entry operations on Borly-2 well and shut down the well. Borly-2 is an existing well, drilled in 1996, which is located on the Extended License Territory
8:00 PM EST | September 11, 2006
BMB Munai Spuds Kariman-2 Well
BMB Munai, Inc. said that its contractor, Oil and Gas Exploration Crakow has relocated its drilling rig to a site on the Kariman oil field and spudded a new well designated Kariman-2
8:00 PM EST | August 15, 2006
BMB Munai Spuds Dolinnoe-6
BMB Munai, Inc. said Tuesday that its drilling contractor, Great Wall Ltd. (China), has spudded a new well on the Dolinnoe field in western Kazakhstan.
8:00 PM EST | August 08, 2006
BMB Munai Completes Acid Treatment on Dolinnoe Well
BMB Munai, Inc. has announced initial results of acid treatment of the Dolinnoe 3 well conducted by Schlumburger on its behalf.
8:00 PM EST | July 31, 2006
BMB Munai Announces Preliminary Results on Kariman-1 Well
BMB Munai, Inc. has announced the preliminary results of testing a portion of its Kariman-1 well in Western Kazakhstan. The tests have been conducted in the open wellbore without perforation in the Upper Triassic formation.
8:00 PM EST | July 23, 2006
BMB Munai Re-Enters Well in Borly Field
BMB Munai, Inc. reported that its drilling contractor, Great Wall, has placed a 150-ton rig on-site and commenced re-entry operations on Borly 2 well located on the Borly structure on the company's extended territory in western Kazakhstan.
8:00 PM EST | July 04, 2006
BMB Munai Appoints New President and Vice President
BMB Munai CEO, Boris Cherdabayev, announced that Askar Tashtitov has been appointed as the Company's President and that Turemurat Zharmagambetov has been appointed as the Company's Vice President for Production.
8:00 PM EST | May 01, 2006
BMB Munai Launches Gas Utilization Project
BMB Munai subsidiary Emir Oil Co. has executed an agreement to have Ecotechnic Chemical AG construct a natural gas utilization facility in Kazakhstan's Mangistau region that will use Ecotechnic processing technology.
8:00 PM EST | April 17, 2006
BMB Munai Completes 3D Seismic Interpretation
BMB Munai said on Tuesday that it has completed its 3D seismic study interpretation of the company's extended license territory in Western Kazakhstan.
7:00 PM EST | March 29, 2006
BMB Munai Secures Export Tax Exemption
BMB Munai has received written confirmation from the Kazakh Ministry of Finance that its subsidiary, Emir Oil, will not be subject to payment of Export Rent Tax on exported oil sales. Tax on exported oil sales during the exp
7:00 PM EST | March 20, 2006
BMB Munai Appoints New Chief Operating Officer
BMB Munai announces that Mr. Gamal Kulumbetov has been appointed as the Company's Chief Operating Officer by the Company's board of directors.
7:00 PM EST | February 20, 2006
BMB Munai Begins Drilling in Kariman Field
BMB Munai has commenced drilling in the extended license territory in the Republic of Kazakhstan that adjoins the Company's ADE oil fields.
7:00 PM EST | February 16, 2006
BMB Munai Lines Up Drilling Rigs for ADE Block in Kazakhstan
BMB Munai has negotiated and executed one year contracts with Oil and Gas Exploration Krakow and Kezbie and MangistauGeologia for exploration drilling in the Company's ADE block extended territory.
7:00 PM EST | January 23, 2006
BMB Munai Awards Drilling Contract to Great Wall Ltd.
BMB Munai has successfully completed negotiations and executed and agreement with Great Wall Ltd., a Chinese drilling company.
7:00 PM EST | January 11, 2006
BMB Munai Says New Report Shows Increased Reserves at ADE Block
BMB Munai says that following successful completion and initial testing of the new Dolinnoe-3 well, it commissioned Chapman Petroleum Engineers to update its evaluation of the Company's oil and gas reserves on its ADE Block oil fields.
7:00 PM EST | November 14, 2005
BMB Munai Pleased with Preliminary Testing of Dolinnoe-3 Well
BMB Munai reported that during the testing of the fourth zone in September, the Company obtained oil and gas in-flow after perforating 17.5 meters of the 24 meter thick productive zone.
8:00 PM EST | September 20, 2005
BMB Munai Announces Completion of Aksaz-4 Well
BMB Munai, Inc. announced today that drilling of the Aksaz-4 well was successfully completed on August 12, 2005.
8:00 PM EST | August 22, 2005
BMB Munai Begins Drilling in Aksaz Field
BMB Munai has commenced drilling to increase the depth of the existing Aksaz 4 well located in the Company's ADE block in the Mangistau Usturt High of the Mangyshlak Basin in western Kazakhstan.
8:00 PM EST | May 22, 2005
BMB Munai to Commence Seismic Study of Expanded Territory
BMB Munai has coordinated and completed technical design of a geophysical research program of its expanded territory with State authorities.
8:00 PM EST | April 21, 2005
BMB Completes Additional Workover of Dolinnoe-1 Well
BMB Munai recently completed additional workover of the Dolinnoe-1 well and increased the initial flow rate of the well by 51%.
8:00 PM EST | April 14, 2005
BMB Munai Logs Pay with Dolinnoe-2 Well in Kazakhstan
BMB Munai says preliminary results demonstrated the presence of four productive zones in Triassic formations at a depth interval of 3510 - 3693 meters in its Dolinnoe-2 well.
7:00 PM EST | March 27, 2005
BMB Munai to Re-Evaluate Seismic Study on ADE Block
BMB Munai has retained PGS-GIS, of Almaty, Kazakhstan to evaluate the 2D seismic data covering license territory adjoining the Company's ADE block in western Kazakhstan.
7:00 PM EST | January 30, 2005
BMB Munai Completes Three Wells on ADE Block
In 2004 BMB Munai completed re-activation work and commissioning of three existing wells in the ADE block in western Kazakhstan.
7:00 PM EST | January 11, 2005
BMB Munai Expands ADE Block Territory in Kazakhstan
BMB Munai announces the expansion of the territory covered under the oil and gas exploration license of its wholly owned subsidiary, Emir Oil.
7:00 PM EST | December 16, 2004
BMB Munai Completes Workover in Aksaz Field
BMB Munai has successfully completed a re-entry of the Aksaz-1 well in Kazakhstan.
8:00 PM EST | September 30, 2004
BMB Munai Begins Drilling Well on Dolinnoe Field
BMB Munai reports that its Kazakhstan operating subsidiary, Emir Oil, has begun drilling an oil well designated as Dolinnoe-2 under the Company's exploration license with the Republic of Kazakhstan.
8:00 PM EST | August 02, 2004
BMB Munai Begins Production from Doinnoe-1 Well
BMB Munai's Kazakhstan operating subsidiary, Emir Oil, has commenced regular production and sale of crude oil from its Dolinnoe-1 well in Kazakhstan.
8:00 PM EST | June 23, 2004
BMB Munai Acquires Stake in Emir Oil
BMB Munai has signed an agreement to purchase the 30% interest of its minority partner in Emir Oil, LLP, a Kazakhstan company.
8:00 PM EST | May 26, 2004
BMB Munai Lists Shares on German XETRA
BMB Munai, Inc. announced that on May 5th, 2004, the Company's common shares were approved for listed trading on XETRA, the Deutsche Borse electronic trading system, under SE code DL-,001 DMW US09656A1051.
8:00 PM EST | May 23, 2004
BMB Munai Receives Reserve Data on Kazakhstan Fields
BMB Munai has received a preliminary report on the results on 3D seismic data processing and interpretation from PGS-GIS Data Processing on the dolinnoe and Emir Fields in Kazakhstan.
8:00 PM EST | May 19, 2004
BMB Munai Inks Deal for Sale of Oil from Emir-1 Well
BMB Munai, Inc. reports that the first oil sale contract has been signed for the oil produced during the test production on the Emir-1 well in Kazakhstan. A prepayment for first 100 tons of oil has been received.
7:00 PM EST | March 30, 2004