Exillon Energy Plc August Production Report (3108L)
September 03 2012 - 2:00AM
UK Regulatory
TIDMEXI
RNS Number : 3108L
Exillon Energy Plc
03 September 2012
Exillon Energy plc
August Production Report
3 September 2012
3 September 2012 - Exillon Energy plc, 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 August 2012 ("the Period").
-- Our average daily production[1] was 13,264 bbl/day during the period.
-- Average daily production for Exillon TP was 3,248 bbl/day,
and for Exillon WS it was 10,015 bbl/day during the period.
-- Our peak daily production[2] was 14,054 bbl/day during the period.
We expect to make the September production announcement by 5
October 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 40,476 tonnes for Exillon WS,
13,535 tonnes for Exillon TP and 54,011 tonnes for the Group during
the 31 day period.
[2] "Peak daily production" represents the Company's estimate of
aggregate production on the day on which aggregate production
reached its maximum during the period. It does not represent the
combined peak production of each separate field on different days,
which may be higher.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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