24th Dec 2019 08:02
(Alliance News) - Exillon Energy PLC on Tuesday said average daily production from its Timan-Pechora and West Siberian assets rose slightly in November compared to October.
The Russia-focused oil company achieved average production of 12,126 barrels per day in November, up 0.9% from the 12,020 barrels a day it produced on average in October.
Exillon West Siberia production rose by 1.7% to 9,457 barrels per day in November from 9,302 produced a month prior, while Exillon Timan-Pechora output remained broadly flat at 2,246 barrels a day.
Exillon said total peak daily production grew to 12,306 barrels a day from 12,130 barrels the prior month.
Shares in Exillon Energy are currently suspended, as it is yet to release its annual results for 2018.
At the end of October, the company had it would propose the cancellation of its shares from Main Market trading in London. It needs the approval of at least 75% of shareholders at an upcoming extraordinary general meeting vote.
By Evelina Grecenko; [email protected]
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