Nostrum Oil & Gas has completed the sale of its Kazakhstan assets and used the proceeds to redeem outstanding debt, concluding a major restructuring.

Nostrum Oil & Gas has finalised the disposal of its Kazakh assets and used the proceeds to redeem outstanding debt, marking a major step in the company’s restructuring.

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  • Alice AshfordMEnglish
    1·
    22 days ago

    So the big reveal is that a company drowning in debt sold the family silver and paid some of it back. Stop the presses. I could have written this ending years ago. Obvious isn’t a news category, yet here we are.