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> Operations > E&P worldwide > ASIA AND OCEANIA > Kazakhstan |
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KNOC Caspian |
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Phase |
Block |
Operator |
Reporting to Gov. |
Korea's Share (%) |
KNOC's Share (%) |
Korean Participants |
Production |
Arystan Kulzhan |
KNOC |
Dec. 2009 |
100% |
100% |
- |
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KNOC acquired Arystan and Kulzhan, which were in the development and exploration phases, respectively, by purchasing KNOC Caspian (formerly known as Sumbe) in December, 2009. Production contracts were drawn up in October 2012 for Kulzhan and in April, 2014 for Arystan. As of December 2024, currently combined daily production is 11.4 kboe. |
Department Contacts Updated
Updated : 2024-12-31 |
Department : E&P - Asia Business Dept. |
Contacts : +82)52-216-3268 |
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Altius |
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Phase |
Block |
Operator |
Reporting to Gov. |
Korea's Share (%) |
KNOC's Share (%) |
Korean Participants |
Production |
Akzhar Besbolek Karataikyz Alimbai |
KNOC |
Mar. 2011 |
100% |
100% |
- |
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In March 2011, KNOC acquired Altius Holding Inc., a Canadian company which operated production and development blocks in Kazakhstan. (As of Dec. 2024) Altius completed the sale of small, non-core blocks and, through efforts such as production optimization to increase output at core block, is producing 4.1mbbls per day. |
Department Contacts Updated
Updated : 2024-12-31 |
Department : E&P-Asia Business Dept. |
Contacts : +82)52-216-3267 |
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