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  • 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.

    source: www.allianceoilco.com

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