Report on sales and gas balance from Misen Energy AB (publ)
As of mid-September 2014, Misen Energy AB (publ) and its subsidiary LLC Karpatygaz have negotiated sales of 122.4 million cubic meters (mmcm) of natural gas. This volume comprises production of August and planned production for September. In addition, a separate agreement has been reached regarding sales of natural gas kept in the underground storages in the volume of 160 mmcm, thus leaving the unrealized inventory at the level of 186 mmcm, what corresponds to approximate accumulated production of 3 months. The unrealized inventory represents a mix of natural gas produced in 2013 and