March 2015 production and sales report from Misen Energy AB (publ)

During March 2015, the Joint Activity (JA) led by Misen Energy AB (publ)
produced a total of 52.9 million cubic meters (mmcm) of natural gas, 2.3
thousand tons (ktons) of gas condensate and 0.8 ktons of oil.

During March 2015, the JA sold 47.7 mmcm natural gas produced during March 2015.
The stock of natural gas as of the end of March 2015 was 23.7 mmcm, what
constitutes the remaining unsold production of December 2014 in the amount of
18.5 mmcm and of March 2015 in the amount of 5.2 mmcm.

All gas condensate and oil produced during March 2015 has been transferred to
further processing and subsequent sales.

As of mid March 2015 JA stepped over a symbolic benchmark of producing 2 billion
cubic meters of natural gas since JA’s inception in its current form in 2011.
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 (%67%6f%72%61%6e@%6d%69%73%65%6e%65%6e%65%72%67%79.%73%65
) 


 info@misenenergy.se (%69%6e%66%6f@%6d%69%73%65%6e%65%6e%65%72%67%79.%73%65)
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.