West Siberian Resources Ltd: Interim report for the quarter ended March 31, 2007 • Total revenue increased by 38% to MUSD 58.8 (MUSD 42.6)* • EBITDA amounted to MUSD 13.6 (MUSD 14.9) • The result before tax and minority interest was a loss of MUSD 1.3 (profit MUSD 7.6) • The net result after tax was a loss of MUSD 0.9 (profit MUSD 6.3) • Earnings per share amounted to a loss of USD 0.00 (profit USD 0.01) • Oil production increased by 59% to 2,264,658 barrels • MUSD 77.8 in equity raised • Daily oil production increased to 28,000 barrels after the reporting period • Oil production expected to increase by 50% to 12 million barrels in 2007 • Successful drilling activities in all regions expected to result in reserve additions • The company was approved for listing on the Stockholm Stock Exchange from May 23, 2007 *Comparisons reflect the quarter ended March 31, 2006 For further information: Maxim Barski, Managing Director, telephone +7-495 956 4882 Eric Forss, Chairman of the Board, telephone +46-8-613 00 85 or +46-70-523 8662 West Siberian Resources Ltd is an independent oil company active in Russia. West Siberian´s depository receipts are currently traded on First North of the Stockholm Stock Exchange under the symbol WSIB.
West Siberian Resources Ltd: Interim report for the quarter ended March 31, 2007
| Source: Alliance Oil Company Ltd
Pièces jointes
