N Operating Company Limited Liability Partnership has been founded in accordance with the legislation of the Republic of Kazakhstan being as the Operator of offshore petroleum operations on N Block contracted area which is located on the Southern part of Kazakhstan Sector of the Caspian Sea.

The right for subsoil using is shared among:

Joint Stock Company “National Company “KazMunayGaz” (75,5%), N Block B.V. (Republic of Kazakhstan) (24,5%)

Principal views of prospecting works on a contract site the next years are:

Carrying out of planned oil operations in contract territory will be carried out in strict accordance with the Law of Kazakhstan Republic in the field of environmental management, with principle observance «zero dump», guaranteeing the minimum influence on sea ecosystems. All industrial and household waste will be taken out on coast and to be utilized. Besides, in the operations period ecological monitoring of a state of environment will be carried out.