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Bashneft proven reserves replacement rate amounted to 123.4% in 2012

Bashneft announces results of the regular independent oil reserves audit held by Miller and Lents, Ltd. under PRMS (Permanent Resources Management System) JSOC Bashneft oil reserves as of December 31, 2012* As of 31.12.2011 As of 31.12.2012 Change from 2012/2011 Proven reserves, mln. bbl. 1 983,5 2 006,8 1,2% Probable …

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Exillon Energy: EWS-1 Flows at 767 bbl/day

Exillon Energy plc, a London Premium listed independent oil producer with assets in two oil-rich regions of Russia, Timan-Pechora and West Siberia, is pleased to announce a drilling update. Exploration well EWS I – 60 Exploration well EWS I – 60 was designed to test a 4.1 sq km north-west …

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Exillon Energy’s Total Proved Reserves Up 12%

Exillon Energy plc, a British independent oil producer with assets in two oil-rich regions in northern Russia, Timan-Pechora (“Exillon TP”) and West Siberia (“Exillon WS”), is pleased to announce that total proved (“1P”) recoverable reserves increased by 12% to 125 million barrels and total proved plus probable (“2P”) reserves increased …

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