Financial results for the Q1 2017
(WorldNews Netherlands)

Financial results for the three-months ending 31 March 2017 Amsterdam, 23 May 2017 Nostrum Oil & Gas PLC (LSE: NOG) (`Nostrum` or `the Company`, and together with its subsidiaries the `Group`), an independent oil and gas company engaging in the production, development and exploration of oil and gas in the pre-Caspian Basin, today announces its financial results for the three months ending 31 March 2017. Highlights: Financial · Revenue of US$111.9m (Q1 2016: US$73.9m) · Net operating cash flows of US$69.8m (Q1 2016: US$27.0m) · EBITDA of US$68.7m (Q1 2016: US$51.7m); EBITDA margin of 61.4% (Q1 2016: 70.0%) · Transport/boe of US$4.0/bbl (Q1 2016: US$4.6/bbl) · Opex/boe reduced to US$3.4/bbl...