The two categories of Kazoil Kopa’s core producing assets are as follows: As of December 31, 2023, 66.2 percent of the company’s total crude oil output and 70.6 percent of its oil reserves were held by Kazoil Kopa. Oil production levels from the current fields have presently stabilized. Production is being enhanced by technology. Including additions made, Kazoil Kopa’s core production operations are dispersed among 41 fields in Western Kazakhstan’s Ozen and Emba. Maintaining production levels by maximizing oil production and utilizing new technology is one of the core assets’ main duties.

Due to general economic problems and a severe lack of investment, the key oil-producing assets at Kazoil Kopa experienced significant drops in production. Near the end of July, the Company was able to stop the production decline and continue to increase production to an exceptional level. Production rose by an astounding 80% between July and August. Due to increased investment in new drilling and improved recovery from older fields, production levels have recovered. The use of new technologies like hydro-fracturing and well workovers significantly contributed to the process of recovery. The company wants to maintain optimal production from its current assets for the foreseeable future.

In 2023, Kazoil Kopa was established with the intention of attracting foreign investment to Kazakhstan. Under the TOO Foundation Agreement, Kazoil Kopa was granted exclusive rights and licenses for exploration and production at the Akshabulak, Nuraly, and Aksai fields for a period of 30 years, ending on March 1, 2024. Kazoil Kopa currently manages the oil fields in Akshabulak, Nuraly, and Aksai. The 897 km2 Kazoil Kopa oil fields are located. In 2023, 1.5 million tons of crude oil were produced by Kazoil Kopa.