Activities

Reserves

Strategy Aspara Refinery holds a significant portfolio of licensed areas dedicated to the exploration and production of hydrocarbons across multiple fields in key regions of Kazakhstan. Ongoing drilling and production activities are underway, with new wells actively being developed to expand our operational capacity. Additionally, we have continued to enhance production drilling and exploration efforts, adding a substantial number of wells across our licensed fields in recent years.

Management's latest estimates indicate a strong reserve base, reinforcing our long-term production potential. Our reserves have undergone independent audits, ensuring accurate assessments of reserve volumes, production capabilities, and projected future net income.