Reach Energy to be impacted by Kazakhstan crisis

In its filing with Bursa Malaysia, the oil and gas exploration and production company said while there could be a negative impact on its operations, the group was unable to ascertain the full financial and operational impacts at this juncture due to the uncertain situation in Kazakhstan.

PETALING JAYA: The cumulative effects of the political crisis in Kazakhstan might contribute to a shortfall and impact Reach Energy Bhd financially and operationally, the company said.

In its filing with Bursa Malaysia, the oil and gas exploration and production company said while there could be a negative impact on its operations, the group was unable to ascertain the full financial and operational impacts at this juncture due to the uncertain situation in Kazakhstan.