Essar Energy PLC ESSR Essar Oil: Financial results for Q2 and H1 2012-13

  Essar Energy PLC (ESSR) - Essar Oil: Financial results for Q2 and H1 2012-13

RNS Number : 7815Q
Essar Energy plc
09 November 2012








Essar Oil Ltd: Financial results for Q2 and H1 2012-13

November 9 2012: The release linked to this announcement was issued today by
Essar Oil Limited to the Bombay Stock Exchange and the National Stock Exchange
of India.

Essar Energy plc owns 87.09% of Essar Oil Limited.

Click on, or paste the following link into your web browser, to view the
associated PDF document.

http://www.rns-pdf.londonstockexchange.com/rns/7815Q_-2012-11-9.pdf



For further information on Essar Energy, please visit www.essarenergy.com

For further information on the Essar Group, please visit www.essar.com

Alternatively, please contact:

Essar Energy

Mark Lidiard, Director of Investor Relations & Communications +44 20 7408
8714.

Andrew Turpin, Head of Media Relations +44 20 7408 8702 or +44 7827 283659.

or

Capital MSL

Richard Campbell +44 20 7307 5334

Nicholas Bastin +44 20 7255 5117

About Essar Energy

Essar Energy (LSE:ESSR) is a world class, low-cost, integrated energy  company 
with an established track record.

Essar Energy, through its  subsidiaries, owns one  of India's largest  private 
power  producers  with  3,055MW  of  installed  capacity  and  projects  under 
construction to expand its capacity to 9,670MW.

Essar Energy, through its  subsidiaries, owns one  of India's fastest  growing 
private sector oil and gas companies  with a diverse portfolio of  exploration 
and production assets. The  Vadinar refinery, located  in Gujarat, is  India's 
second largest  private sector  oil refinery  with throughput  capacity of  20 
million metric tonnes per annum or 405,000 barrels per day.



About Essar Group

The Essar Group is  a multinational conglomerate and  a leading player in  the 
sectors of Steel, Oil & Gas,  Power, BPO & Telecom Services, Shipping,  Ports, 
and  Projects.  With  operations  in  more  than  25  countries  across   five 
continents, the  Group  employs 75,000  people  and  has revenues  of  USD  27 
billion.

* * *

This announcement contains certain forward-looking statements, including
statements regarding Group's plans, objectives and performance. Such
statements relate to events and depend on circumstances that may occur in the
future and are subject to risks, uncertainties and assumptions. Although the
Group believes that the expectations reflected in such forward looking
statements are reasonable, there are a number of factors which could cause
actual results and developments to differ materially from those expressed or
implied by such forward looking statements, including, without limitation, the
enactment of legislation or regulation that may impose costs or restrict
activities; the re-negotiation of contracts or licences; fluctuations in
demand and pricing in the Oil and Gas, Power and Energy industries;
fluctuations in exchange controls; changes in government policy and taxations;
industrial disputes; war and terrorism. Further information on the significant
risks and uncertainties associated with the Group's business is set out in the
Prospectus published on 4 May 2010. These forward-looking statements speak
only as at the date of this document. The Group undertakes no obligation to
update any forward looking statements whether as a result of new information,
future events or otherwise, except to the extent legally required.

These statements (and all other forward-looking statements contained in this
document) are not guarantees of future performance and are subject to risks,
uncertainties and other factors, some of which are beyond the Group's control,
are difficult to predict and could cause actual results to differ materially
from those expressed or implied or forecast in the forward-looking statements.

This announcement does not constitute, or form part of, an offer or any
solicitation of an offer for securities in any jurisdiction, or an invitation
or inducement to invest in the Group or any other entity and should not be
relied upon in any way in connection with any investment decision.

* * *

                     This information is provided by RNS
           The company news service from the London Stock Exchange

END


IR BDBDBSDGBGDC -0- Nov/09/2012 12:26 GMT
 
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