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25/02/2014
18:51
Bashneft increased proved reserves 1.9%.

The proved reserves at Bashneft increased 1.9% to reach 2.045bn barrel; reserve replacement ratio being fixed to come to 133.7% in 2013, the company informed.

The reserves life covers 17.9 years. The launching of the R.Trebs & A.Titov fields development in 2013 permitted to take their reserves in consideration. The proved reserves in these fields reach 81.9mln barrel in total.

Bashneft (TIN 0274051582) is a head entity included into the fuel-energetic complex of Bashkortostan. It gushes out the crude in Bashkortostan, Western Siberia and Orenburgsky reg. The proved reserves cover 2.007bn barrel of the crude. Bashneft keeps 279 licenses; 162 fields being under development.

The 9-month net profit plunged 21.3% (IAS) to 32.542bn rub. from 41.347bn rub. prior year period. The revenues added 6.2% to gain 417.054bn rub. from 392.688bn rub.; corrected EBITDA - 1.1% to 76.981bn rub. from 76.119bn rub.; operating profit - 4.8% to 61.952bn rub. from 65.072bn rub.; net debt - 18.6% to 57.504bn rub. from 70.651bn rub. The 9-month 2013 output at the fields reached 11.9mln ton or 3.2% higher prior year period; the average daily extraction increased 3.6% to 318.2ths barrel.

The 9-month 2013 net profit (RAS) boosted 1.45 fold to 48.764bn rub.

from 33.545bn rub.; revenues being up 4% to 373.811bn rub.; costs being down 10% to 192.355bn rub. from 214.208bn rub.


"AK&M", 11:00, 25.02.2014 1251 AKM,COR

 

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