Investor Presentaiton
Financial update
MIE Holdings Corporation
Oil price performance
US$/bbl
140
120
100
80
60
60
40
Jan-2013
Oil price (US$/bbl)
Jilin assets
1H2013
1H2014
1H14 vs 1H13
Avg. realised oil price
105.5
104.5
(0.9%)
Avg. Daqing price
107.3
104.9
(2.2%)
Hebei (Kongnan)
Avg. realised oil price.
106.9
104.8
(2.0%)
Avg. Cinta price
106.3
104.7
(1.5%)
Emir-Oil (export)
Avg. realized export oil
85.7
88.2
2.9%
price
Transportation &
20.5
21.0
2.3%
marketing costs
Avg. realized export oil
price pre transportation
106.2
109.2
2.8%
costs & marketing costs
Brent average price
104.1
108.9
4.6%
US asset
Avg. realised oil price
90.2
89.3
(1.0%)
Apr-2013
Jul-2013
Brent
Oct-2013
-WTI
Jan-2014
-Daqing
Apr-2014
Cinta
Jul-2014
Avg W TI price
92.5
94.1
1.7%
Source: Bloomberg
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