NOSTRUM OIL & GAS PLC

• ◆

  Material uncertainty over going concern

  We draw attention to Note 2... on page 112... The Group's ability to continue as a going concern is dependent upon... the Company's ability to demonstrate compliance with the terms and conditions of the outstanding notes... the Company's ability to obtain the required consents and/or waivers... and to obtain any further debt refinancing in due course... Due to the uncertainty that may cast significant doubt on the Group's ability to continue as a going concern, the Directors have concluded that a material uncertainty exists related to going concern...

Figures converted to GBP from USD at 0.752 per USD (Frankfurter spot rate) — hover any figure for the original. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

1. NOSTRUM OIL & GAS PLC 2014-04-24 → present
2. NOSTRUM OIL PLC 2013-10-03 → 2014-04-24

Accounting basis

IFRS

Reporting scope

Consolidated group

Auditor

RPG Crouch Chapman LLP

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“We draw attention to Note 2... on page 112... The Group's ability to continue as a going concern is dependent upon... the Company's ability to demonstrate compliance with the terms and conditions of the outstanding notes... the Company's ability to obtain the required consents and/or waivers... and to obtain any further debt refinancing in due course... Due to the uncertainty that may cast significant doubt on the Group's ability to continue as a going concern, the Directors have concluded that a material uncertainty exists related to going concern...”

Group structure

1. NOSTRUM OIL & GAS PLC · parent
   1. Nostrum Oil & Gas Holding Limited 100% · United Kingdom · Holding company
   2. Nostrum Oil & Gas BV 100% · Netherlands · Finance company
   3. Nostrum Oil & Gas Coöperatief UA 100% · Kazakhstan · Producing asset
   4. Nostrum Services NV 100% · Belgium · Service company
   5. Nostrum Associated Investments LLP 100% · Kazakhstan · Holding company
   6. Nostrum Services Central Asia LLP 100% · Kazakhstan · Service company
   7. Zhaikmunai LLP 100% · Kazakhstan · Producing asset
   8. Positiv Invest LLP 100% · Kazakhstan · Operating company
   9. Midstream Energy Development LLP 100% · Kazakhstan · Producing asset

Significant events

• “On 2 January 2026, the Group announced that Nostrum Oil & Gas Finance B.V. and Nostrum Oil & Gas PLC received the consent solicitation which mean that no prior defaults have occurred in the failure to make the interest payment on the Notes at this time.”
• “On 30 March 2026, the Group announced that it has reached an in principle agreement with an ad hoc group of noteholders to extend the SSNs and the SUNs, regarding the key commercial terms of a proposed extension of the maturity dates of the SSNs and the SUNs to 31 December 2030.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

9

last 12 months

Capital events

5

last 24 months

Officers appointed

3

last 12 months

Officers resigned

2

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.