PetroKazakhstan Inc. - PKZ Comments on Media Reports
27 Junho 2005 - 9:00AM
PR Newswire (US)
PetroKazakhstan Inc. - PKZ Comments on Media Reports CALGARY, June
27 /PRNewswire-FirstCall/ -- PetroKazakhstan Inc. (the "Company")
in response to various enquiries following a recent media report,
informs its shareholders that it has received approaches from a
number of different parties regarding a potential corporate
transaction involving either an acquisition or a merger with the
Company. The Company is currently engaged in a confirmatory and
evaluation process seeking to assess the feasibility and the terms
of potential transactions. At this time, there can be no assurance
that this process will lead to a potential transaction which could
be recommended to shareholders as being in their best interests.
PetroKazakhstan Inc. is a vertically integrated, international
energy company, celebrating its eighth year of operations in the
Republic of Kazakhstan. The Company is engaged in the acquisition,
exploration, development and production of oil and gas, the
refining of crude oil and the sale of oil and refined products.
PetroKazakhstan shares trade in the United States on the New York
Stock Exchange, in Canada on The Toronto Stock Exchange, in the
United Kingdom on the London Stock Exchange and in Germany on the
Frankfurt Exchange under the symbol PKZ. As of December 27, 2004,
PetroKazakhstan shares began trading on the Kazakhstan exchange
under the symbol CA_PKZ. The Company's website can be accessed at
http://www.petrokazakhstan.com/. The Toronto Stock Exchange has
neither approved nor disapproved the information contained herein.
DATASOURCE: PetroKazakhstan Inc. CONTACT: Ihor P. Wasylkiw, Vice
President Investor Relations, (403) 221-8658, (403) 383-2234
(cell); Jeffrey D. Auld, Vice President, Treasurer, + 44 (1753)
410-020, + 44 79-00-891-538 (cell)
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