Chemoil Energy Limited reported unaudited consolidated earnings results for the first quarter ended March 31, 2013. For the quarter, the company reported revenue of $2,956,434,000 compared to $3,507,376,000 a year ago. Profit before income tax was $11,020,000 compared to $8,439,000 a year ago. Profit attributable to equity holders of the company was $7,745,000 compared to $8,824,000 a year ago. Net cash used in operating activities was $34,305,000 compared to $93,858,000 a year ago. Purchase of property, plant and equipment was $2,762,000 compared to $2,998,000 a year ago. Purchase of intangible assets was $1,555,000 compared to $5,940,000 a year ago. Earnings per share on fully diluted basis were 0.60 cent compared to 0.68 cent a year ago.

Chemoil Energy Limited, Annual General Meeting, Apr 18, 2013., at 14:00 Singapore Standard Time. Location: ROYAL PALM, 30 RAFFLES AVENUE. Agenda: To receive and adopt the directors' report and the audited accounts of the company for the year ended December 31, 2012 together with the auditors' report thereon; to re-elect Directors; to approve the payment of Directors' fees of up to $750,000 for the year ending 31 December 2013 to be paid quarterly in arrears; to re-appoint Messrs Deloitte Touche Tohmatsu as Auditors of the company and to authorise the Directors of the Company to fix their remuneration; to transact any other ordinary business which may properly be transacted at an Annual General Meeting; to consider authority to issue shares; to consider authority to Issue Shares Under the 2006 Share Option Scheme; and to consider renewal of shareholders' mandate for interested person transactions with interested persons in the Glencore Group.

Chemoil Energy Limited announced unaudited consolidated earnings results for the fourth quarter and full year ended December 31, 2012. For the year, revenue and other gains, net was $13,656,385,000 compared to $10,958,546,000 for the same period a year ago. Revenue from continuing operations was $13,641,789,000 against $10,960,440,000 a year ago. Loss before income tax was $29,471,000 compared to profit before income tax of $54,624,000 for the same period a year ago. Loss after tax from continuing operations was $24,000,000 compared to profit after tax from continuing operations of $34,662,000 for the same period a year ago. Profit after tax attributable to equity holders of the company was $153,159,000 or $1.6 per diluted share compared to $46,283,000 or $2.7 per diluted share for the same period a year ago. Net cash generated from operating activities was $10,179,000 compared to net cash used in operating activities of $61,724,000 for the same period a year ago. Purchases of property, plant and equipment was $11,266,000 compared to $4,965,000 for the same period a year ago. Purchase of intangible assets was $155,000 compared to $1,006,000 for the same period a year ago. For the quarter, revenue and other gains, net was $3,320,533,000 compared to $3,121,296,000 for the same period a year ago. Revenue from continuing operations was $3,312,888,000 against $3,122,884,000 a year ago. Loss before income tax was $35,905,000 compared to profit before income tax of $23,433,000 for the same period a year ago. Loss after tax from continuing operations was $34,823,000 compared to profit after tax from continuing operations of $15,954,000 for the same period a year ago. Profit after tax attributable to equity holders of the company was $133,695,000 or $2.6 per diluted share compared to $19,527,000 or $1.3 per diluted share for the same period a year ago. Net cash generated from operating activities was $76,902,000 compared to $92,536,000 for the same period a year ago. Purchases of property, plant and equipment was $808,000 compared to $3,167,000 for the same period a year ago.