LONDON (Alliance News) - Exillon Energy PLC on Thursday said average daily production from its Timan-Pechora and West Siberian assets accelerated in December compared to November.
The Russia-focused oil company achieved average production of 10,717 barrels per day in December, up 5.0% from the 10,205 barrels a day it produced on average in November.
Exillon West Siberia production increased by 3.9% to 8,365 barrels per day from 8,048 barrels the month before, while Exillon Timan-Pechora output rose by 9.0% to 2,352 barrels a day from 2,157.
Exillon said its total peak daily production jumped to 11,614 barrels a day from 10,616 the prior month.
Shares in Exillon Energy were trading 0.8% higher on Thursday at 52.60 pence each.