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28 May 2014 13:39

Exillon Energy Promotes Deputy To CEO

LONDON (Alliance News) - Exillon Energy PLC Wednesday said it has promoted Alexander Suchkov to the position of Chief Executive, after the resignation of its Executive Director. In a statement, the oil producer with assets in Timan-Pechora and West Siberia, said it promoted the Deputy Chief

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16 May 2014 11:59

Exillon Energy Says Production Rates Recovered In April

LONDON (Alliance News) - Exillon Energy PLC Friday said its production levels have recovered for April after oil pipeline repair works and maintenance works during March. The oil producer with assets in Russia said its average daily production in April was 18,211 barrels per day in April, a

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16 May 2014 07:38

UK MORNING BRIEFING: Intertek Puts Damper On Flat FTSE 100

LONDON (Alliance News) - UK shares have opened mostly flat Friday, though mid- and small-caps are slightly outperforming, after disappointing European economic data on Thursday has been followed by a dearth of fresh leads Friday.

Intertek leads the FTSE 100 fallers,

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30 Apr 2014 14:52

Exillon Energy Average March Production Hit By Repairs, Suspension

LONDON (Alliance News) - Exillon Energy PLC Wednesday posted a decline in average production in March, hit by oil pipeline repair works undertaken by Transneft OAO and the temporary suspension of operations by certain oil refineries. The oil producer with assets in Russia posted an average

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24 Mar 2014 15:37

Exillon Confirms Appointment Of RusOil Executive As Director

LONDON (Alliance News) - Exillon Energy PLC Monday confirmed that Pavel Chernienko, deputy chief executive of RusOil Group, has been appointed as an executive director, following the resignation of five members of its board after management told them that they had lost operational control of the

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21 Mar 2014 13:29

Most Of Exillon Energy Board Resigns As Rusoil Effectively Takes Control

LONDON (Alliance News) - Exillon Energy PLC Friday said five members of its board will resign after management told them that they'd lost operational control of the company to Rusoil Group. The Russian oil producer said Chairman David Herbert, Chief Executive Officer Mark Martin, Senior Ind

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18 Mar 2014 12:09

Exillon Energy Profit Doubles On Production Boost; Eyes Moscow Listing

LONDON (Alliance News) - Exillon Energy PLC Tuesday said its pretax profit more than doubled in its full year as production jumped during the period. The Russian oil producer said its pretax profit increased to USD38.9 million from USD17.5 million the previous year as revenues increased 6.5

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18 Mar 2014 08:58

Tuesday broker round-up UPDATE

Antofagasta: Investec places its target price (prev.: 753p) under review, while leaving its sell recommendation unchanged. Ashtead Group: Credit Suisse raises target price from 1000p to 1100p and stays with its outperform rating. UBS increases target price from 875p to 1020p retaining its buy recom

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18 Mar 2014 08:27

UK MORNING BRIEFING: ASOS Shares Drop 20% On Sales Update

LONDON (Alliance News) - Shares have opened lower Tuesday amid continued concern about Ukraine and some negative statements from UK companies.

AIM is suffering the most, as its largest stock ASOS is down 20% despite reporting total retail sales rose by 26% in the tw

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21 Jan 2014 11:20

Exillon names two directors in bid to strengthen financial oversight

Exillon Energy, the Russia-focused oil producer, announced the appointment of two new directors and that it has begun the hunt for a Chief Financial Officer (CFO) in a bid to strengthen its internal financial oversight functions. Alexander Suchkov was chosen as both an executive director and as de

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21 Jan 2014 10:28

Exillon Energy Appoints Deputy Chief Executive Officer, Searches For CFO

LONDON (Alliance News) - Oil producer Exillon Energy PLC said Tuesday that its has appointed Alexander Suchkov as an executive director and deputy chief executive officer of the company. The group also said that it intends to appoint a chief financial officer, and is currently search for a

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17 Jan 2014 17:08

DIRECTOR DEALINGS: Exillon Chief Operating Officer Sells Shares

LONDON (Alliance News) - Exillon Energy PLC Friday said its Chief Operating Officer, Yuri Ovcharov sold 79,870 shares in the company at a price of 161.5 pence per share. Exillon Energy shares were down 0.6% at 159 pence Friday. By Tom McIvor; tommcivor@alliancenews.com; @TomMcIvor1Read more

5 Dec 2013 15:08

Profit taking hits Exillon despite mooted oligarch bid battle

Shares in Exillon Energy fell on Thursday, having jumped sharply since the start of the week on news of two possible bids from Russian oligarchs. The FTSE 250-listed oil explorer, which is owned by Kazakh founder Maksat Arip, said late on Wednesday that it had ended its formal sale process but wou

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25 Nov 2013 11:56

Founder Of Exillon Decides Not To Make An Offer For The Company

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20 Nov 2013 10:35

Exillon Energy Board Unaware Of 14.9% Acquisition By Russian Tycoon

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