Alliance Oil Released Operational Update for April 2013
OREANDA-NEWS. Alliance Oil Company’s preliminary average daily oil and gas production for April 2013 amounted to 65,743 barrels of oil equivalent (boepd)[i]. In April 2013, preliminary average refining volumes at the Khabarovsk refinery amounted to 69,426 barrels of oil per day (bpd).
April preliminary operating results:
Upstream |
Boepd |
Oil |
54,684 |
Gas |
11,059 |
Production |
65,743 |
Sales |
67,025 |
Downstream |
Bpd |
Refining |
69,426 |
Sales |
78,695 |
In the first half of April, refining volumes at the Khabarovsk refinery were reduced during scheduled maintenance works on the crude distillation and reforming units.
First quarter 2013 financial results will be disclosed on May 22, 2013.
Upstream and downstream production data for May 2013 will be disclosed on June 10, 2013.
[i]In April 2013, 61,104 boepd constituted consolidated production and 4,639 boepd constituted equity interests.
Alliance Oil Company Ltd is a leading independent oil and gas 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.
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