Zhaikmunai LP (ZKM.LN), an oil and gas company based in northwestern Kazakhstan, said Tuesday its revenues from oil sales rose 41% on the year to $44.9 million in the third quarter of this year, compared with same period in 2007.
Zhaikmunai said in a statement its sales volumes for the third quarter rose 9% to 545,655 barrels of oil from 499,439 barrels in the third quarter last year.
Total capital expenditure in the third quarter of this year was $59.9 million, up from $42.4 million.
Daily production rose to 7,500 barrels a day, up from an average of 5,067 barrels a day in the third quarter last year.