Exillon Energy production up in August
Exillon Energy, the Russia-focused oil company, has reported average daily production of 13,264 barrels per day during August.
Exillon Energy, the Russia-focused oil company, has reported average daily production of 13,264 barrels per day during August.
This compares to the 12,330 figure announced for July and suggests the firm is on track to reach its target of 17,000 barrels per day by the end of the year.
Exillon shares were up 5% by 11:05 but have still declined 43% since the start of the year.
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE

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
The company has two sites, one in Timan-Pechora, north Russia, the other in West Siberia.
BS
Sign up for MoneyWeek's newsletters
Get the latest financial news, insights and expert analysis from our award-winning MoneyWeek team, to help you understand what really matters when it comes to your finances.
-
Which investment trusts could benefit from lower interest rates?
As vehicles for long-term investments, many investment trusts were hit when interest rates rose in 2022. With interest rates expected to fall by the end of the year, could now be the time to invest in one of these unloved sectors?
-
How to protect your personal and financial data from cyber attacks
M&S and the Co-op are the latest retailers to suffer from cyber hacks but consumers also need to be vigilant