Alliance Oil: June’s Average Production at 66,186 Barrels
Alliance Oil Company’s total average daily oil and gas production for June and for the second quarter of 2013 amounted to 66,186 barrels of oil equivalent (boepd) and 66,349 boepd respectively. In total, 6.0 million barrels of oil equivalent (mboe) were produced in the second quarter of 2013. Preliminary average …
Alliance Oil: 67,400 boepd in May
Alliance Oil Company’s preliminary average daily oil and gas production for May 2013 amounted to 67,396 barrels of oil equivalent (boepd)[i]. In May 2013 preliminary average refining volumes at the Khabarovsk refinery amounted to 91,953 barrels of oil per day (bpd). May preliminary operating results: Upstream Boepd —————— Oil 54,400 …
Alliance Oil: Interim Report Revenues Up but Profit Down
Alliance Oil Company’s operational performance improved further in the first quarter of 2013. Average daily refining volumes in the reporting period were the highest in the Company’s history. Financial results were solid with operating cash flows, before changes in working capital, almost flat quarter-on-quarter. However, volume growth was offset by …
Alliance Oil: Q1 2013 Update
Alliance Oil Company’s total average daily oil and gas production for March and for the first quarter of 2013 amounted to 62,304 barrels of oil equivalent (boepd) and 57,359 boepd respectively. In total, 5.2 million barrels of oil equivalent (mboe) were produced in the first quarter of 2013. Preliminary average …
Repsol and Alliance Oil have Commenced Gas Production from the Syskonsyninskoye Field
Repsol and Alliance Oil have begun commercial gas production from the Syskonsyninskoye (SK) field in the Khanty-Mansiysk region of Russia, marking the first success of the A&R Oil and Gaz BV (AROG) joint venture created to explore for and produce hydrocarbons in Russia. Initial daily gas production is 855,000 cubic …
Alliance Oil: Revenues up 12%, Profit up 26%
Quarter ended 31 December 2012 Revenue of MUSD 908.7, up 10% from Q4 2011. EBITDA of MUSD 169.2, down 28% from Q4 2011. Profit before tax of MUSD 167.8, up 6% from Q4 2011. Profit for the period of MUSD 129.9, up 9% from Q4 2011. Year ended 31 December …
Alliance Oil: Launches Gas Production at the Ust-Silginskiy Field
Alliance Oil Company Ltd has completed infrastructure development and launched gas production at the Ust-Silginskiy field in the Tomsk region. The Company has started delivering gas via a 43-kilometer pipeline from the field to the Gazprom trunk pipeline. A gas sales contract has been signed with Gazprom’s subsidiary. A gas …
Alliance Oil announces prospectus for the preference share issue
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Alliance Oil Wins Alfinski License
Alliance Oil won the auction for the Alfinski exploration and production license. The Company will pay approximately MUSD 0.5 for the license to be awarded by the Russian Federal Agency Rosnedra — The Alfinski license block is located in the Timano-Pechora region in Northern Russia close to the Company’s existing …
Alliance Oil: Successfully Completes Share Offering
Alliance Oil has successfully completed the largest preference share offering in Scandinavia in recent years. The transaction has received interest from about 4,500 investors and Company shareholders in total with solid demand both among institutional (about two thirds of demand) and retail investors (about one third of demand). Demand was …