Alliance Oil Company Ltd
Operational update for October 2012
Alliance Oil Company Ltd 09.11.2012 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 oil production for October 2012 amounted to 52,947 bopd. In the first ten months of 2012, oil production totalled 16.6 mbbl compared to 14.1 mbbl in the same period in 2011. Preliminary average refining volumes at the Khabarovsk refinery amounted to 82,943 bopd in October 2012. In the first ten months of 2012 refining throughput totalled 24.3 mbbl compared to 22.4 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 72,326 May 54,422 53,544 81,946 93,238 June 53,279 53,416 82,260 83,224 2nd quarter 53,540 53,086 78,404 82,930 July 53,732 57,533 83,643 85,823 August 53,473 50,306 84,809 89,682 September 52,725 51,113 85,417 89,733 3rd quarter 53,309 52,984 84,580 88,413 October 52,947 48,418 82,943 85,157 The average production at the Kolvinskoye oil field amounted to 11,759 bopd with a total of 0.4 mbbl produced in October 2012. Third quarter financial results will be disclosed on November 21, 2012. Upstream and downstream production data for November 2012 will be disclosed on December 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 760 million barrels of oil equivalent 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 09.11.2012 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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