Alliance Oil Company: Operational update for July 2012
Alliance Oil Company’s average daily oil production for July 2012 amounted to 53,732 bopd. In the first seven months of 2012, oil production totalled 11.7 mbbl compared to 9.2 mbbl in the same period in 2011. Preliminary average daily refining volumes at the Khabarovsk refinery amounted to 83,643 bopd in July 2012. In the first seven months of 2012 refining throughput totalled 16.5 mbbl
compared to 15.5 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 72,625
May 54,422 53,689 81,946 93,600
June 53,279 54,795 82,260 82,828
2nd quarter 53,540 53,545 78,404 82,912
July 53,732 57,428 83,643 84,496The average daily production at the Kolvinskoye oil field amounted to 11,573 bopd with a total of 0.4 mbbl produced in July 2012.
Second quarter financial results will be disclosed on August 21, 2012. Upstream and downstream production data for August 2012 will be disclosed on September 10, 2012.
