Exillon Energy plc November 2013 Production Update



Exillon Energy plc

Production Update

2 December 2013

Exillon Energy plc (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 November 2013 ("the Period").

Production Update

· Our average daily production[1] was 17,652 bbl/day during the period.

· Average daily production for Exillon TP was 3,758 bbl/day, and for Exillon WS it was 13,894 bbl/day during the period.

· Our peak daily production[2] was 19,163 bbl/day during the period.

We expect to make our next quarterly production update (for Q4 2013) in early January 2014.

Media contact:

Tom Blackwell +7 919 102 9064

+44 7432 680606

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 53,413 tonnes for Exillon WS, 15,153 tonnes for Exillon TP and 68,566 tonnes for the Group during the 30 day 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.