(Alliance News) - Exillon Energy PLC on Tuesday said average daily production from its Timan-Pechora and West Siberian assets rose slightly in October compared to September.
The Russia-focused oil company achieved average production of 12,020 barrels per day in October, up 0.2% from the 11,992 barrels a day it produced on average in September.
Exillon West Siberia production declined slightly to 9,302 barrels per day in October from 9,354 produced a month prior, while Exillon Timan-Pechora output increased by 4.4% to 2,248 barrels a day from 2,153 barrels.
Exillon said its total peak daily production decreased to 12,130 barrels a day from 12,245 barrels the prior month.
Shares in Exillon Energy are currently suspended, as it is yet to release its annual results for 2018.
At the end of October, the company had said it will propose the cancellation of its shares from Main Market trading in London. It needs the approval of at least 75% of its shareholders at an upcoming extraordinary general meeting vote.
By Evelina Grecenko; evelinagrecenko@alliancenews.com
Copyright 2019 Alliance News Limited. All Rights Reserved.