Exillon Energy plc: EGM Requisition
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”), notes the press release issued today by one of our shareholders, Worldview Capital Management (“Worldview”). Shareholders with more than 10 per cent of …
TNK-BP invests $64M in production technology at Varyoganneftegaz brownfields in 2013
TNK-BP will investabout $64 million in 2013 projects to deploy new production technologies at Varyoganneftegaz(VNG)assets. TNK-BP has been consistently pursuing its strategy of applying new technology to stabilize production of TNK-BP brownfield assets in West Siberia. By 2016, the Company plans to invest around $170 million to implement an …
TNK-BP Improving Cooperation with Suppliers and Contractors to Increase Challenged Oil Production Efficiency in West Siberia
ТNК-ВР, together with key suppliers and contractors, is implementing new approaches to cooperation to increase the efficiency of innovative challenged oil reserves development projects in West Siberia. The TNK-BP top management and experts discussed key areas of focus within current and future projects with the representatives of over 30 …
Rosneft and ExxonMobil Sign Agreement For Western Siberia Tight Oil Pilot Project
Rosneft and ExxonMobil today signed a Pilot Development Agreement establishing a joint project to assess the possibility of commercial production of tight oil reserves at the Bazhenov and Achimov formations in Western Siberia. The agreement was signed by Igor Sechin, president and chairman of the management board at Rosneft, and …
TNK-ВP and Schlumberger to Implement a Joint Pilot Project to Develop Hard-to-Recover Oil in the West Siberia
TNK-ВР and Schlumberger, a leading oilfield services company, have signed a contract to jointly implement a pilot project to develop hard-to-recover hydrocarbon reserves in the Severo-Khokhryakovskoe field in the West Siberia. The new format of cooperation serves to enhance the field production efficiency by increasing production per well and formulating …
Exillon Energy: Publishes Information Memorandum for Secondary Listing on Warsaw Stock Exchange
Exillon Energy, a London Premium listed independent oil producer with assets in two oil-rich regions of Russia, Timan-Pechora and West Siberia, today published an information memorandum in connection with an application to obtain a secondary listing on the Warsaw Stock Exchange. No shares will be issued or sold in connection with …
Exillon Energy: September Production Flowing at 13,800 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 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 …
Exillon Energy: ETP IV-2003 Strikes 13m of Pay
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. ETP IV – 2003 Well ETP IV – 2003 was spudded on 2nd May 2012 and drilled and cemented in 118 …
ТNК-ВР Investing $800 Million in 2012 to Develop Uvat Greenfields in West Siberia
ТNК-ВР is expected to invest as much as $800 into its Uvat upstream projects in 2012 to support deployment of innovative production technology, develop related infrastructure and continue exploration. ТNК-ВР is pursuing an organic growth strategy to step up its hydrocarbon production by 1-2% every year. Uvat has been consistently …
Exillon Energy: Strikes Water Free Production at EWS I – 52
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 the following drilling update. Well East EWS I – 52 was spudded on 18 June 2012 and drilled in 19 days on the northern …