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Exillon Energy Says Work On 2018 Results Statement Still Ongoing

Fri, 30th Aug 2019 10:34

(Alliance News) - Exillon Energy PLC on Friday said it is still cooperating with its external professional service providers to complete work on its 2018 financial statements.

The company delayed its annual results in April to look into transactions.

At that time, the company said this was "mainly due to the fact that certain transactions entered into by the group companies have been identified where the status of the counterparties and the nature of the transactions require further review and analysis by the board of directors and the management of the company and its auditors."

The Russia-focused oil company posted another update in June, saying it was still working to put out its figures, and this latest announcement follows the same vein.

Exillon has said it will make another announcement before the end of October.

Given that it has still not published its results, Exillon's shares remain suspended.

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