Exillon Energy Plc September Production Report (7897N)
October 03 2012 - 2:00AM
UK Regulatory
TIDMEXI
RNS Number : 7897N
Exillon Energy Plc
03 October 2012
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. ([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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