Oil Explorer Nostrum Cuts Output Target After Pipeline RepairsBy
2015 production projected at 40,000-42,000 barrels a day
Output next year expected to rebound to about 45,000 barrels
Nostrum Oil & Gas Plc, an explorer in Kazakhstan, lowered its projection for output this year after repairs to an export pipeline. Shares of Nostrum fell 3 percent in London trading.
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