Exillon Energy Plc Quarterly Production Statement (7805I)
July 08 2013 - 2:00AM
UK Regulatory
TIDMEXI
RNS Number : 7805I
Exillon Energy Plc
08 July 2013
Exillon Energy plc
Quarterly Production Statement
8 July 2013
Exillon Energy plc (EXI.LN), a London Premium listed oil
producer with assets in two oil-rich regions of Russia,
Timan-Pechora ("Exillon TP") and West Siberia ("Exillon WS"), today
issues its Quarterly Production Statement for the three month
period ending 30 June 2013.
Production Update
Production for Q2 2013 was as follows:
Apr May Jun
------------------------------ ------- ------- -------
Exillon WS Avg. Production
(bbl/day) 11,463 11,987 12,403
------------------------------ ------- ------- -------
Exillon TP Avg. Production
(bbl/day) 3,588 3,990 3,773
------------------------------ ------- ------- -------
Avg. Production(1) (bbl/day) 15,051 15,977 16,176
------------------------------ ------- ------- -------
Peak Production(2) (bbl/day) 16,544 17,013 16,938
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 7.80 bbl / tonne for Exillon WS and 7.44 bbl / tonne for
Exillon TP.
(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.
Further information is available from:
Tom Blackwell
Telephone: +44 7834 310 945 / +7 919 102 9064
Email: blackwell@mcomgroup.com
This information is provided by RNS
The company news service from the London Stock Exchange
END
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