Alliance Oil Company Ltd
Operational update for July 2012
Alliance Oil Company Ltd 10.08.2012 08:00 Dissemination of a Adhoc News, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- Alliance Oil Company's average daily oil production for July 2012 amounted to 53,732 bopd. In the first seven months of 2012, oil production totalled 11.7 mbbl compared to 9.2 mbbl in the same period in 2011. Preliminary average daily refining volumes at the Khabarovsk refinery amounted to 83,643 bopd in July 2012. In the first seven months of 2012 refining throughput totalled 16.5 mbbl compared to 15.5 mbbl in the same period in 2011. Preliminary operating results in barrels per day: Upstream Downstream 2012 Production Crude oil sales Refining Oil product sales --------------------------------------------------------------------- January 59,421 56,734 77,531 65,865 February 55,187 54,444 78,390 77,634 March 54,481 49,752 69,129 69,377 1st quarter 56,363 53,643 75,017 70,959 April 52,918 52,297 70,888 72,625 May 54,422 53,689 81,946 93,600 June 53,279 54,795 82,260 82,828 2nd quarter 53,540 53,545 78,404 82,912 July 53,732 57,428 83,643 84,496 The average daily production at the Kolvinskoye oil field amounted to 11,573 bopd with a total of 0.4 mbbl produced in July 2012. Second quarter financial results will be disclosed on August 21, 2012. Upstream and downstream production data for August 2012 will be disclosed on September 10, 2012. For further information please contact: Arsen Idrisov, Managing Director, Alliance Oil Company, Tel.: +7 495 777 18 08 Eric Forss, Chairman, Alliance Oil Company, Tel.: +46 8 611 49 90 Also visit www.allianceoilco.com Alliance Oil Company Ltd is a leading independent oil company with vertically integrated operations in Russia and Kazakhstan. Alliance Oil has proved and probable oil reserves of 648 million barrels and downstream operations that includes the Khabarovsk refinery and the leading network of gas stations and wholesale oil products terminals in the Russian Far East. Alliance Oil's depository receipts are traded on the NASDAQ OMX Nordic under the symbol AOIL. News Source: NASDAQ OMX 10.08.2012 DGAP's Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------------- Language: English Company: Alliance Oil Company Ltd Sweden Phone: Fax: E-mail: Internet: ISIN: SE0000739286 WKN: End of Announcement DGAP News-Service ---------------------------------------------------------------------------
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