Total Gabon

Published : March 12th, 2014

Total Gabon 2013 Revenues

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Keywords :   France | Gabon | Growth | Market | Oil |

Total Gabon 2013 Revenues

Société anonyme incorporated in Gabon with a Board of Directors and share capital of $76,500,000

Headquarters: Boulevard Hourcq, Port-Gentil, BP 525, Gabonese Republic www.total-gabon.com

Registered in Port-Gentil: 2000 B 00011

NEWS RELEASE

2013 REVENUES

Port-Gentil - February 14, 2014

Main Financial Indicators

2013 2012 2011

2013 vs.

2012


Average Brent price $/b 108.7 111.7 111.3 -3%

Average Total Gabon crude price $/b 104.3 107.4 107.3 -3%
Crude oil production from fields operated 1

by Total Gabon kb/d
Crude oil production from Total Gabon

56.9 55.8 56.8 +2%


interests2 kb/d 46.9 45.4 46.7 +3%

Revenues $M3 1,813 1,708 1,571 +6%

(1) Thousands of barrels per day.

(2) Including oil tax reverting to the Republic as per production sharing contracts.

(3) Millions of US dollars.

2013 Revenues

Selling Prices

Brent averaged $108.7 per barrel in 2013, down 3% from $111.7 in 2012. The selling price of the
Mandji and Rabi Light crude oil qualities marketed by Total Gabon averaged $104.3 per barrel in
2013, down 3% from $107.4 a year earlier.

Production

Total Gabon's equity share of operated and non-operated oil production1 averaged 46.9 thousand barrels per day (kb/d) in 2013, up 3% from the previous year's figure of 45.4 kb/d. This was mainly attributable to:
Additional production from Phase 3 of the Anguille field redevelopment. Well workovers on the Anguille, Torpille and Girelle fields.
These factors not only offset the natural decrease in production related to the maturity of the fields but also allowed an overall production growth for Total Gabon.

Revenues

Revenues amounted to $1.813 billion in 2013, 6% higher than the 2012 figure of $1.708 billion. This was driven by the increase in sales volumes (+9%), partially offset by a lower average selling price for Total Gabon crude oil grades.
The 2013 results news release will be published on 25th March 2014 after market closure.

Media Contacts in France:

Paul Naveau

+ 33 (0) 1 41 35 22 44

Charles-Etienne Lebatard

+ 33 (0) 1 47 44 45 91

Evgeniya Mazalova

+ 33 (0) 1 47 44 57 00

Media Contact in Gabon:

Mathurin Mengue-Bibang

+ 241 1 55 63 29

1 Including oil tax reverting to the Republic as per profit sharing contracts.

Read the rest of the article at www.noodls.com
Data and Statistics for these countries : France | Gabon | All
Gold and Silver Prices for these countries : France | Gabon | All

Total Gabon

CODE : EC.PA
ISIN : GA0000121459
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Total Gabon is a oil producing company based in Gabon.

Total Gabon is listed in France and in Germany. Its market capitalisation is €UR 720.0 millions as of today (US$ 805.7 millions, € 723.8 millions).

Its stock quote reached its lowest recent point on May 15, 2020 at €UR 100.00, and its highest recent level on September 26, 2024 at €UR 160.00.

Total Gabon has 4 500 000 shares outstanding.

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Corporate news of Total Gabon
3/27/2015Total Gabon: 2014 Results
3/13/2015Total Gabon 2014 Revenues
11/19/2014Total Gabon: Third Quarter 2014 Results
3/12/2014Total Gabon 2013 Revenues
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