Exillon Energy posts higher September production
Russian oil explorer Exillon Energy posted higher monthly production for September but its shares fell.
Exillon Energy
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05:32 11/12/20
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Exillon, which has assets in two oil-rich regions of Russia, Timan-Pechora (TP) and West Siberia (WS), said average daily production in September was 17,470 barrels a day against 16,927 in August.
Average daily production for Exillon TP was 3,605 barrels against 3,678 last month and Exillon WS achieved 13,865 against 13,249 in August.
Peak daily production in September was 18,360 barrels against 17,466 a month ago.
Investors were unimpressed, sending the shares down 4p or 2.6% to 150p at 11:26 in London.