Nostrum Oil & Gas agrees to sell Kazakhstan operations for $304.6 million
LONDON: Nostrum Oil & Gas PLC said Monday it has agreed to sell its Kazakhstan operations to Altaris Holding Ltd. for $304.6 million, a transaction that will allow the struggling energy company to repay its secured notes in full and partially repay unsecured notes. The sale, announced Aug. 17, involves the indirect subsidiary Nostrum Oil & Gas…