OREANDA-NEWS. December 17, 2012. Alliance Oil Company's average oil production for November 2012 amounted to 52,325 bopd. In the first eleven months of 2012, oil production totalled 18.1 mbbl compared to 16.0 mbbl in the same period in 2011. Preliminary average refining volumes at the Khabarovsk refinery amounted to 82,067 bopd in November 2012. In the first eleven months of 2012 refining throughput totalled 26.8 mbbl compared to 24.6 mbbl in the same period in 2011.

The forecasted total oil production for 2012 amounts to approximately 19.7 million barrels or an average daily production of approximately 54,000 barrels, in line with previous guidance. The total refining volumes 2012 are forecasted at approximately 29.3 million barrels or an average of approximately 80,000 barrels per day (previous guidance 77,000 bopd).

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

48,602

82,943

85,406

November

52,325

53,692

82,067

78,317

The average production at the Kolvinskoye oil field amounted to 11,666 bopd with a total of 0.35 mbbl produced in November 2012.

Upstream and downstream production data for December 2012 and fourth quarter 2012 will be disclosed on January 11, 2013. Fourth quarter and full year 2012 financial results will be disclosed on February 21, 2013.