RNS Number : 9533H
Exillon Energy Plc
24 August 2016
Exillon Energy plc
July Production Report
24 August 2016 -
Exillon Energy plc ("Exillon Energy", the "Company" or the "Group") (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"), is pleased to announce unaudited production data for the month of July 2016 ("the Period").
· Our average daily production1
was 13,883 bbl/day during the period.
· Average daily production for Exillon TP was 3,179
bbl/day, and for Exillon WS it was 10,704 bbl/day during the period.
· Our peak daily production2
was 14,446 bbl/day during the period.
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 7.8037 bbl / tonne for Exillon WS and 7.44 bbl / tonne for Exillon
TP. Total production was 42,521 tonnes for Exillon WS, 13,246 tonnes for Exillon TP and 55,767 tonnes for the Group during
the 31 days 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.
Media contacts:
Tom Blackwell, EM
Blackwell@em-comms.com
+7 919 102 9064
This information is provided by RNS
The company news service from the London Stock Exchange
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