OREANDA-NEWS. NOSTRUM OIL & GAS PLC LLP (London), whose shares are officially listed on Kazakhstan Stock Exchange (KASE), today provided KASE with the following press-release:

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Nostrum Oil & Gas PLC (LSE: NOG) ("Nostrum" or "Company") ... announces that it also appealed to the Board of Directors of Tethys Petroleum Limited ("Tethys") with a possible offer for the entire issued share capital of Tethys ("Offer").

According to the results of a recent comprehensive financial and legal audit of Tethys and its business, and considering the recent devaluation of the Kazakh tenge and changes in macroeconomic conditions, Nostrum revised the price at which it will be ready to make an offer. Any offer will be made at the price of 0.147 Canadian dollars per share of Tethys.

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The full version of the press-release is available on KASE website in Russian, at http://www.kase.kz/files/emitters/GB_NTRM/gb_ntrm_reliz_280815.pdf