POLISH FINANCIAL SUPERVISION AUTHORITY
UNI - EN REPORT No2/2013
Date of issue:2013-01-07
Short name of the issuer
EXILLON ENERGY PLC
Subject
December Production Report
Official market - legal basis
Art. 56 ust. 1 pkt 1 Ustawy o ofercie - informacje poufne
Unofficial market - legal basis
Contents of the report:
Exillon Energy plc December Production Report 7 January 2013 7 January 2013 - Exillon Energy plc (EXI.LN), a London Premium listed independent 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 December 2012 (“the Period"). Our average daily production* was 16,114 bbl/day during the period. Average daily production for Exillon TP was 3,694 bbl/day, and for Exillon WS it was 12,420 bbl/day during the period. Our peak daily production** was 17,532 bbl/day during the period. We recently consulted with our major shareholders about the merits of publishing monthly production data. A large majority felt that monthly publication is excessive, and that quarterly publication would result in less volatility in our share price. We have therefore decided that in 2013 we will publish production data once a quarter. 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. *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 7.67 bbl / tonne for Exillon WS and 7.44 bbl / tonne for Exillon TP. Total production was 50,194 tonnes for Exillon WS, 15,392 tonnes for Exillon TP and 65,587 tonnes for the Group during the 31 day period. **“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. W załączeniu znajduje się polskie tłumaczenie raportu, oficjalną i obowiązującą wersją jest tekst angielski.
Annexes
FileDescription
December_Production_Report_tlumaczenie_PL.pdf
EXILLON ENERGY PLC
(fullname of the issuer)
EXILLON ENERGY PLCEnergetyka (ene)
(short name of the issuer)(sector according to clasification of the WSE in Warsow)
Wyspa Man
(post code)(city)
Fort Anne, Douglas, Isle of Man IM15PD
(street)(number)
+44 1624 638300+44 1624 638333
(phone number)(fax)
(e-mail)(web site)
(NIP)(REGON)
SIGNATURE OF PERSONS REPRESENTING THE COMPANY
DateNamePosition / FunctionSignature
2013-01-07Mark MartinCEO Member of the BoardMark Martin