MALKA OIL: JANUARY 2010 PRODUCTION: 2,064 BARRELS PER DAY
(Thomson Reuters ONE) - Malka Oil's total production of oil for the month of January 2010 amounted to63,998 barrelscompared to December when the production was 62,280 barrels. Onaverage production was 2,064 barrels per day compared to 2,009 barrels per dayduring December.Oil sales for the month of December amounted to 67,733 barrels and the averageprice before tax was 29,61 USD per barrel.During December, Malka Oil produced oil from 16 wells.For further information, please contact:Maks Grinfeld, MD, tel: +46 768 077 614Sven-Erik Zachrisson, Chairman of the Board of Directors, tel: +46 8 41 05 45 96For further information on Malka Oil AB, see the website www.malkaoil.comReasonable caution notice: The statement and assumptions made in the company'sinformation regarding Malka Oil AB's ("Malka") current plans, prognoses,strategies, concepts and other statements that are not historical facts areestimations or "forward looking statements" concerning Malka's futureactivities. Such future estimations comprise but are not limited to statementsthat include words such as "may occur", "concerning", "plans", "expects","estimates", "believes", "evaluates", "prognosticates" or similar expressions.Such expressions reflect the management of Malka's expectations and assumptionsmade on the basis of information available at that time. These statements andassumptions are subject to a large number of risks and uncertainties. These, intheir turn, comprise but are not limited to i) changes in the financial, legaland political environment of the countries in which Malka conducts business, ii)changes in the available geological information concerning the company'sprojects in operation, iii) Malka's capacity to continuously guaranteesufficient financing to perform their activities as a "going concern", iv) thesuccess of all participants in the group, or of the various interestedcompanies, joint ventures or secondary alliances, v) changes in currencyexchange rates, in particular those relating to the RUR/USD rate. Due to thebackground of the many risks and uncertainties that exist for anyoil-prospecting venture and oil production company in its initial stage, Malka'sactual future development may significantly deviate from that indicated in thecompany's informative statements. Malka assumes no implicit liability toimmediately update any such future evaluations.[HUG#1382874] Press Release (PDF): http://hugin.info/138739/R/1382874/341773.pdf
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Datum: 10.02.2010 - 06:09 Uhr
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