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NOVATEK releases preliminary operating data for the fourth quarter and full year 2015

OAO NOVATEK reported preliminary operating data for the fourth quarter and full year 2015. In the fourth quarter 2015, NOVATEK's marketable production totaled

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NOVATEK-3

OAO NOVATEK reported preliminary operating data for the fourth quarter and full year 2015.

In the fourth quarter 2015, NOVATEK's marketable production totaled 17.80 billion cubic meters (bcm) of natural gas and 2,559 thousand tons of liquids (gas condensate and crude oil).

The Company's full year 2015 marketable production aggregated 67.91 bcm of natural gas and 9,094 thousand tons of liquids, resulting in an increase in natural gas production by 5.78 bcm, or by 9.3% as compared with 2014, and an increase in combined liquids production by 3,058 thousand tons, or by 50.7%.

Tags: OAO NOVATEK