Financial results for the three-months ending 31 March 2017
(WorldNews Netherlands)

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 flows1of US$69.8m (Q1 2016: US$27.0m) EBITDA2of US$68.7m (Q1 2016: US$51.7m); EBITDA1margin 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 (Q1 2016: US$3.5/bbl) Net income of US$13.6m (Q1 2016: US$(12.3)m) Net...