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Exillon Energy Reports Moderate Decrease In Monthly Production

Wed, 24th Jul 2019 11:52

LONDON (Alliance News) - Exillon Energy PLC on Wednesday said average daily production from its Timan-Pechora and West Siberian assets declined in June compared to May.

The Russia-focused oil company achieved average production of 11,857 barrels per day in June, down 0.6% from the 11,932 barrels a day it produced on average in May.

Exillon West Siberia production increased by 0.1% to 9,187 barrels per day from 9,178 barrels the month before, while Exillon Timan-Pechora output fell by 2.0% to 2,230 barrels a day from 2,275 barrels.

Exillon said its total peak daily production decreased to 12,017 barrels a day from 12,309 the prior month.

Shares in Exillon Energy were untraded on Wednesday in London, last closing at 40.60 pence each.

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Friday broker round-up UPDATE

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