LONDON (Alliance News) - Exillon Energy PLC Tuesday said average production from its two Russian assets fell for the third consecutive month in July, as rising production from its Timan-Pechora asset continued to be offset by falling production from West Siberia.
Average daily production was 15,732 barrels of oil per day during July, compared to 15,985 barrels of oil per day in June.
Average daily production for Timan-Pechora was 3,622 barrels of oil per day, increased from 3,612 barrels per day in June, whilst in West Siberia average daily production fell to 12,110 barrels per day from 12,373 barrels per day the previous month.
Peak daily production was 16,331 barrels per day, down from 16,459 barrels in June.
Shares in Exillon Energy were untraded Tuesday, it last closed at 122.00 pence.
By Hana Stewart-Smith; hanassmith@alliancenews.com; @HanaSSAllNews
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