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Friday 12 October, 2012

Galp Energia. SGPS, S.A.

Galp Energia. SGPS, S.A. : 3rd Quarter 2012 tra...

Galp Energia. SGPS, S.A. : 3rd Quarter 2012 trading update

Galp Energia releases today the trading update for the 3rd quarter of 2012, with the following highlights:

  • Net entitlement production of 19.5 kboepd, up 4% QoQ, with increased production from Lula project in Brazil;
  • Benchmark refining margin of $3.9/bbl, an increase of c.$1.7/bbl QoQ;
  • Crude processed of 21,281 kbbl, in line with the second quarter of the year;
  • Oil products sales to direct clients of 2.5 million tons, down 9% YoY;
  • Natural gas volumes sold of 1.5 bcm, an increase of 27% YoY.



Galp Energia will report the third quarter 2012 results on Monday, October 29 2012, before the open of NYSE Euronext Lisbon, instead of on the previously announced date of October 26. The conference call with both analysts and investors will take place on the same day at 11:30 (UK time).

The conference call details are as follows:

UK:        +44 208 515 2301 or
+44 800 358 5256 (UK toll free)

Portugal: 800 780 153

Kind regards,

Galp Energia
Investor Relations Division

Rua Tomás da Fonseca, Torre A
1600-209 Lisbon, Portugal
Tel: +351 217 240 866
Fax: +351 217 242 965
Email: [email protected]

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Source: Galp Energia. SGPS, S.A. via Thomson Reuters ONE


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