Exillon Energy: Production Data for June
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 June 2012 (“the Period”). · Our average daily production[1] was 12,131 bbl/day during the period, an increase of 7% …
TNK BP Invest 2bn Rb into Varyoganneftegaz – 40 Well Pads to be Constructed
OJSC Varyoganneftegaz (a TNK-BP group company) will invest over 2 billion rubles in 2012 into field infrastructure projects in West Siberia. The company will build around 109 new and overhaul another 100 existing facilities. The task for the builders this year is to construct 40 well pads to accommodate the …
Exillon Energy: Production up 55% and Oil Processing Unit Fully Operational
Exillon Energy plc, a London listed independent oil producer with assets in two oil-rich regions of northern Russia, Timan-Pechora (“Exillon TP”) and West Siberia (“Exillon WS”), today issues its Interim Management Statement and April Production Report. The financial and production data are for the period from 1 January 2012 to …
Exillon Energy March Production Report
Exillon Energy plc, a London 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 March 2012 (“the Period”). · Average daily production[1] for the Group was 11,785 bbl/day …
Exillon Energy: EBITDA up 314% and targets 17,000 Barrels of Daily Production by the End of 2012
Exillon Energy plc, a London listed independent oil producer with assets in two oil-rich regions of northern Russia, Timan-Pechora (“Exillon TP”) and West Siberia (“Exillon WS”), today issues its preliminary unaudited results for the year ended 31 December 2011. Production Growth – Average daily oil production increased by 90% from 4,656 …
Alliance Oil: Oil Production Up 12% and EBITDA Up 57%
In 2011, the improved macro environment supported our operations and financial performance. The price of Urals increased by almost 40% year-on-year and the Russian Rouble strengthened against the US Dollar by 3.2%. New tax initiatives aimed at stimulating Russian upstream production and enforcing refinery modernizations were adopted last year. Alliance Oil Company’s oil production …
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 …
Exillon Energy plc: January Production Report
Exillon Energy plc, a British 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 January 2012 “the Period”. · Average daily production for the Group was 10,972 bbl/day during the …
Exillon Energy: Refinances $50m USD and loans an additional $50m USD
Exillon Energy plc, an independent oil producer with assets in two oil-rich regions of northern Russia, Timan-Pechora (“Exillon TP”) and West Siberia (“Exillon WS”), is pleased to announce the signing of a new term loan by its wholly owned subsidiary Exillon Finance Limited (“Exillon Finance”) with Credit Suisse on 3rd …
Exillon Energy: Unaudited Production up to 12,000 Barrels
Exillon Energy plc, a British 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 December 2011 (“the Period”). · Average daily production1 for the Group reached 11,055 bbl/day …