Press releases in English

2013 November 29

Information from Q3 2013 Misen Energy AB (publ)

Following is a summary of the financial information given in the Q3 report from Misen Energy AB (publ) published today. The complete report is attached to this press-release and is also available in both English and Swedish on the company web-site:

Misen Energy AB (publ)

  • Production has increased 118 % compared to September 2012
  • Turnover has increased 42 % compared to September 2012
  • Accumulated earnings per share 19 % higher than 2012
  • Still having problems with not being accepted in the gas balance. This could have a significant effect on the result and the cash flow in the short perspective and could result in difficulties to pay current and future costs and liabilities on time.
  • A letter has been submitted to the Minister of Energy and Coal Industry of Ukraine
  • Reserve report shows substantially bigger reserves

June – September

  • Consolidated group operating income MSEK 21 (MSEK 90)
  • Consolidated group net turnover MSEK 76 (MSEK 133)
  • Earnings per share SEK 0.10 (SEK 0.50)

January - September

  • Consolidated group operating income MSEK 297 (MSEK 253)
  • Consolidated group net turnover MSEK 598 (MSEK 421)
  • Earnings per share SEK 1.60 (SEK 1.35)

Accumulated production
                                       Q3 2013     Year-end 2012      Q3 2012      Year-end 2011
Natural Gas (mmcm)          507                343                   233                  153

The full interim report for the third quarter 2013 is published at the company’s web site ( and a printed version can be ordered at


For further information, please contact:

Göran Wolff, MD

Direct line: +46 31 759 50 72
Mobile: +46 709 45 48 48


Misen Energy AB (publ) (formerly Svenska CapitalOil 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 NasdaqOMX First North.
In 2011, Misen Energy AB (publ) acquired Misen Enterprises AB and its Ukrainian subsidiary, Karpatygaz LLC, including the rights of 50.01% of the revenue and profit from a gas production project in Ukraine. In consideration of this 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 (the “JAA”) between the wholly-owned direct and indirect subsidiaries of Misen Energy AB (publ), i.e. Misen Enterprises AB and Karpatygaz LLC (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 NasdaqOMX First North is Thenberg & Kinde Fondkommision AB.
For further information please visit our web site


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