November 2014 production and sales report from Misen Energy AB (publ)


During November 2014, the Joint Activity (JA) led by Misen Energy AB (publ)
(Misen) produced a total of 51.3 million cubic meters (mmcm) of natural gas, 2.4
thousand tons (ktons) of gas condensate and 1.2 ktons of oil. In accumulated
terms, the total production during the 11 months January-November 2014
constituted 621.5 mmcm of natural gas, 26.2 ktons of gas condensate and 17.9
ktons of oil.

During November 2014, the JA sold 107.2 mmcm of natural gas. Sales represent
production of November 2014 and include the last remaining volumes of natural
gas lifted from the underground storages.

As of the end of November 2014, JA has sold all of the gas previously kept in
underground storages and currently has a zero balance of unsold gas. All gas
condensate and oil produced during November 2014 has been transferred to further
processing and subsequent sales.
For further information, please contact:

Göran Wolff, MD

Direct line: +46 31 759 50 72
Mobile:      +46 709 45 48 48
E-mail:       goran@misenenergy.se
                 info@misenenergy.se


Misen Energy AB (publ) (formerly Svenska Capital Oil AB (publ)) is a Swedish
upstream oil and gas company with operations in Ukraine. The company was founded
in 2004 and its shares are since 12 June 2007 traded on Nasdaq Stockholm First
North.
In 2011, Misen Energy AB (publ) acquired Misen Enterprises AB and its Ukrainian
subsidiary, LLC Karpatygaz, including the rights to 50.01% of the revenue and
profit from a gas production project in Ukraine. Under IFRS rules, this
transaction is classified as a reverse takeover. In consideration of the
acquisition, a new share issue was carried out.
The gas producing assets have been acquired by production cooperation via a
joint activity project governed by a Joint Activity Agreement between the wholly
-owned direct and indirect subsidiaries of Misen Energy AB (publ), i.e. Misen
Enterprises AB and LLC Karpatygaz (together 50.01%) and PJSC Ukrgasvydobuvannya
(49.99%), the largest producer of natural gas in Ukraine and subsidiary of the
National Joint Stock Company Naftogaz of Ukraine. The value of the assets is
estimated to be substantially higher than the purchase price for Misen
Enterprises AB.
The purpose of the project is to significantly increase production of gas and
oil by providing modern technologies via a large-scale investment program. The
registered office of Misen Energy AB (publ) is in Stockholm and the shares are
traded on First North under identification ticker MISE.
The Certified Adviser of the company at Nasdaq Stockholm First North is
Consensus Asset Management AB (formerly Thenberg & Kinde Fondkommission AB).
For further information, please visit our website www.misenenergy.se.