Alliance Oil Company: Operational update for April 2012
Alliance Oil Company’s average daily oil production for April 2012 amounted to 52,900 bopd. In the first four months of 2012, oil production totalled 6.7 mbbl compared to 5.5 mbbl in the same period in 2011. Preliminary average daily refining volumes at the Khabarovsk refinery amounted to 70,900 bopd in April 2012. In the first four months of 2012 refining throughput totalled 8.9 mbbl compared to 8.4 mbbl in the same period in 2011.
The average daily production at the Kolvinskoye oil field amounted to 12,500 bopd with a total of 0.4 mbbl produced in April 2012.
The financial results for the first quarter of 2012 will be disclosed on May 22, 2012. An operational update for May 2012 will be disclosed on June 11, 2012.
