LONDON (Alliance News) - Exillon Energy PLC Wednesday said its average daily production and peak daily production rates both dropped again in July, following falls in June and May.
Exillon, which has assets in the Timan-Pechora and West Siberia regions of Russia, said its average daily production in the period was 16,678 barrels per day, down from 17,532 barrels in June and 17,847 barrels in May.
Daily production at the Timan-Pechora site was 3,752 barrels, with 12,926 barrels at its West Siberia operation. That is down from 3,803 barrels for Timan-Pechora and 13,729 barrels for West Siberia in June.
The firm also said peak daily production was 17,440 barrels per day in July, down from 17,889 in June and from 18,263 in May.
The company did not provide the reason for its production decrease.
Exillon shares were untraded on Wednesday, quoted at 156 pence.
By Sam Unsted; samunsted@alliancenews.com; @SamUAtAlliance
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