Alliance Oil Operational update for February 2013

Alliance Oil Operational update for February 2013

Alliance Oil Company’s average daily oil and gas production for February 2013 amounted to 57,790 barrels of oil equivalent (boepd). From February 2013,
reported production volumes include consolidated production and equity interests in non-consolidated production.
Preliminary average refining volumes at the Khabarovsk refinery amounted to 85,898 barrels of oil per day in February 2013 (bpd).
February preliminary operating results:
Upstream Boepd
———————
Oil 52,908
Gas 4,882
Production[1] 57,790
Sales 55,771
Downstream Bpd
——————
Refining 85,898
Sales 87,056
The average production at the Kolvinskoye oil field amounted to 11,336 barrels of oil per day with a total of 0.32 million barrels produced in February 2013.
Gas production commenced at the Ust-Silginskiy gas field in the Tomsk region with a total of 14,532 thousand cubic meters of gas and 2,596 tons of liquids
produced in February 2013.
In February 2013, test production at the Syskonsyninskoye field in the Khanty-Mansiysk region amounted to 14,459 thousand cubic meters of gas, out of
which 7,374 thousand cubic meters of gas are included in the reporting as equity interests in non-consolidated production. The field has been launched
into commercial production.
Upstream and downstream production data for March 2013 will be disclosed on April 10, 2013.
Alliance Oil Company Ltd is a leading independent oil company with vertically integrated operations in Russia and Kazakhstan. Alliance Oil has substantial oil and gas reserves and downstream operations that include 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.
Source: Alliance Oil
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