Exploration & Production

Enhancing and broadening the Company's pool of resources is among its strategic objectives. Targets for hydrocarbon output are met and production activities are sustained because to the strong resource base. The Company consistently replenishes its supplies of gas and oil through substantial exploration activity and license portfolio expansion. The Company's license blocks and fields are situated in KAZAKHSTAN to maximize efficiency in its exploration efforts, the company places a high priority on the utilization of cutting-edge tools and technologies as well as the support of its operations through design and research and development centers.

In KAZAKHSTAN LLP VARRO OPERATING GROUP is an oil field management company. The Company is committed to maintaining production levels that enable it to balance upstream mineral resource optimization with economic efficiency. LLP VARRO OPERATING GROUPactively develops deposits that are challenging to recover while maintaining mature field production levels. The Corporation is building new oil production centers and actively developing attractive places at the same time. By concentrating on improving its oil recovery factor—which is among the highest in the nation—the Company has managed to maintain a steady oil output in recent years.

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