3 Oct 2012 07:00
Exillon Energy plc
September Production Report
3 October 2012 - Exillon Energy plc (EXI.LN), a London Premium listed independent oil producer with assets in two oil-rich regions of Russia, Timan-Pechora ("Exillon TP") and West Siberia ("Exillon WS"), is pleased to announce unaudited production data for the month of September 2012.
·; Our average daily production[1] was 13,796 bbl/day during the period.
·; Average daily production for Exillon TP was 3,172 bbl/day, and for Exillon WS it was 10,624 bbl/day during the period.
·; Our peak daily production[2] was 14,583 bbl/day during the period.
We expect to make the October production announcement by 5 November 2012.
Media details:
Tom Blackwell +44 207 920 2330
Source: Average production data is based on monthly production reports submitted to tax authorities for MET payment purposes. Peak production is based on internal operations reports.
[1] The Company records production in metric tonnes. Barrelization ratios are used for illustrative purposes only and are calculated based on the Company's estimate of the typical API of oil produced from specific fields. The barrelization ratios used are 7.67 bbl / tonne for Exillon WS and 7.44 bbl / tonne for Exillon TP. Total production was 41,554 tonnes for Exillon WS, 12,790 tonnes for Exillon TP and 54,344 tonnes for the Group during the 30 day period.