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2013-12-11 21:03 | Report Abuse
Kazakhstan, an oil producer since 1911, has the second largest oil reserves as well as the second largest oil production among the former Soviet republics after Russia.
Kazakhstan is a major oil producer, and estimated total liquids production was 1.64 million barrels per day (bbl/d) in 2013.The country's main oil reserves are located in the western part of the country, where the five largest onshore oil fields (Tengiz, Karachaganak, Aktobe, Mangistau, and Uzen) are located. These onshore fields account for about half of current proven reserves, while the offshore Kashagan and Kurmangazy oil fields, in Kazakhstan's part of the Caspian Sea, are estimated to contain at least 14 billion barrels, with Kashagan accounting for around 9 billion barrels.
link:
http://www.eia.gov/countries/cab.cfm?fips=KZ
what do you guys think. is it worth expecting sumatec to be benefit from Kazakhstan. with a pn17 status???
Stock: [VIZIONE]: VIZIONE HOLDINGS BERHAD
2013-12-11 21:06 | Report Abuse
any sign of hitting above 0.20 ???