Exillon energy sees monthly production boost

Exillon Energy, the British oil company with assets in two parts of Russia, has seen production rise between October and November.

Exillon Energy, the British oil company with assets in two parts of Russia, has seen production rise between October and November.

Average daily production last month was 10,935 barrels per day (bbl/day). Its Timan Pechora site managed 3,354 bbl/day while the average rate for West Siberia was 7,580 bbl/day.

This compares to October's average of 9,935 bbl/day, with Timan Pechora at 3,072 bbl/day and West Siberia at 6,863 bbl/day.

Subscribe to MoneyWeek

Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE

Get 6 issues free
https://cdn.mos.cms.futurecdn.net/flexiimages/mw70aro6gl1676370748.jpg

Sign up to Money Morning

Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter

Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter

Sign up

Shares in Exillon are down 18.5% over the year but up 35% over the last five years.

BS