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Activa Resources Ag reports on the first half of 2012

25.09.2012  |  DGAP
NEWS RELEASE 25th SEPTEMBER 2012

Activa Resources AG reports on the first half of 2012

- 64% increase in production revenues to EUR 2.41 million
- 692% increase in EBITDA to EUR 1.03 million
- Successful third horizontal well at OSR
- Preparing for stronger growth going into 2013

Bad Homburg, September 25th, 2012. Activa Resources AG, an independent oil
and gas company with operational knowhow in the development and efficient
exploitation of oil and natural gas properties, has published its 2012
interim report.

Activa Resources AG generated consolidated revenues of EUR 2.41 million
from the production of oil and natural gas during the first half of 2012
(2011 H1: EUR 1.47 million). This represents an increase of 64% and results
primarily from higher oil and gas production from Activa's three horizontal
wells at OSR-Halliday. The total direct costs of oil and gas operations
rose only 5% to EUR 0.64 million vs. EUR 0.61 million in H1 2011. As such
they were reduced from 41.5% to 26.9% of revenues. In 'Dollars per barrel
produced' they amount to USD 13.9. Profits before interest, taxes and
depreciation expenses (EBITDA) increased 692% to EUR 1.03 million (vs. EUR
0.13 million). EBIT improved from EUR -0.32 million to EUR 0.04 million. A
net loss of EUR 0.24 million (EUR 0.66 million in 2011) was recorded.

Activa's CEO Leigh A. Hooper explains: 'During the first half of the year
we have achieved significant growth in revenues and in the values
attributable to individual projects. Growth at OSR-Halliday is set to
continue - we will be drilling our fourth horizontal well there in Q4. Our
other main projects - Adams Ranch, Loma Field and Gray Waterflood will also
make stronger contributions to growth in 2013. Overall, we anticipate a
ramp up of our drilling activities next year. In addition, we have
developed two new prospects in Texas, which we are referred to as
Montgomery County and Hall's Bayou. Both fulfil our investment criteria:
strong development potential, low financial risk to Activa and high oil and
liquids content. We will also continue to dispose of non-core assets. On
the staffing front, we have made two important hires which will materially
expand our ability to generate and review prospects. We expect a
significant improvement in profitability in 2012 and are planning stronger
growth in 2013.'

The Activa Resources AG 2012 Interim Report which provides details on
Activa's first half 2012, the dynamic trends in the texan oil market and
Activa's new projects is available for downloading from the company's
website www.activaresources.com.

The Management Board


About Activa Resources AG
Activa Resources AG is an independent oil and gas company which focuses on
the acquisition, development and exploitation of oil and natural gas
properties. Activa Resources AG is listed on the Frankfurt stock exchange
and is based in Bad Homburg, Germany. The company's management and
technical team comprise oil industry experts with many years operational
experience at major international oil companies. Further information can be
found at www.activaresources.com.

Forward-looking statements
This news release includes forward-looking statements. Forward-looking
statements include, but are not limited to, statements concerning estimates
of expected drilling and development wells and associated costs, statements
relating to estimates of, and increases in, production, cash flows and
values and other statements which are not historical facts. When used in
this document, the words such as 'could,' 'plan,' 'estimate', 'expect',
'intend', 'may', 'potential', 'should' and similar expressions are
forward-looking statements. Although Activa believes that its expectations
reflected in these forward-looking statements are reasonable, such
statements involve risks and uncertainties and no assurance can be given
that actual results will be consistent with these forward-looking
statements. Important factors that could cause actual results to differ
from these forward-looking statements include the potential that the
Company's projects will experience technological and mechanical problems,
that geological conditions in the reservoir may not result in commercial
levels of oil and gas production, that changes in product prices can have a
material impact and that Activa fails to raise sufficient capital to
adequately fund its activities.


Enquiries: Leigh A. Hooper, CEO, Tel. + 49 6172 483 2352


End of Corporate News

Unternehmen: Activa Resources AG - ISIN: DE0007471377
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