26th Mar 2019 11:45
LONDON (Alliance News) - Exillon Energy PLC said on Tuesday its average daily production from its Timan-Pechora and West Siberian assets rose in February compared to January.
The Russia-focused oil company achieved an average daily production of 11,537 barrels of oil per day in February, up 2.9% from 11,216 barrels produced in January.
Exillon West Siberia production increased to 8,770 barrels a day from 8,409 barrels the month before, while output from Timan-Pechora edged up slightly to 2,355 barrels from 2,344 barrels.
The total peak daily production was 11,774 barrels per day, improved from 11,663 barrels the prior month.
Shares in Exillon Energy were down 2.6% at 48.70 pence on Tuesday.
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