Exillon Energy reports slightly higher production in November
24th Dec 2019 08:40
(Sharecast News) - Exillon Energy updated the market on its production for November on Tuesday, reporting average daily production of 12,126 barrels per day for the period, up from 12,020 barrels in October.
Read moreExillon Energy provides July production update
24th Aug 2016 15:07
(ShareCast News) - Exillon Energy achieved record production of 14,446 barrels a day in July with average output running at 13,883b/d, the company said in a statement. The Russia-focused oil explorer had two main assets, located in Timan-Pechora and West Siberia, which contributed 3,179b/d 10,704b/d
Read moreExillon Energy posts higher September production
10th Oct 2014 11:04
Russian oil explorer Exillon Energy posted higher monthly production for September but its shares fell. 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.
Read moreTuesday broker round-up UPDATE
18th Mar 2014 08:58
Antofagasta: Investec places its target price (prev.: 753p) under review, while leaving its sell recommendation unchanged. Ashtead Group: Credit Suisse raises target price from 1000p to 1100p and stays with its outperform rating. UBS increases target price from 875p to 1020p retaining its buy recom
Read moreExillon names two directors in bid to strengthen financial oversight
21st Jan 2014 11:20
Exillon Energy, the Russia-focused oil producer, announced the appointment of two new directors and that it has begun the hunt for a Chief Financial Officer (CFO) in a bid to strengthen its internal financial oversight functions. Alexander Suchkov was chosen as both an executive director and as de
Read moreProfit taking hits Exillon despite mooted oligarch bid battle
5th Dec 2013 15:08
Shares in Exillon Energy fell on Thursday, having jumped sharply since the start of the week on news of two possible bids from Russian oligarchs. The FTSE 250-listed oil explorer, which is owned by Kazakh founder Maksat Arip, said late on Wednesday that it had ended its formal sale process but wou
Read moreExillon Energy reveals interest in potential sale of firm
16th Oct 2013 12:10
Exillon Energy on Wednesday revealed that an unspecified number of 'interested parties' have entered into non-disclosure agreements for the potential sale of the company. The interested parties have begun the process of due diligence, during which time they will receive access to the customary dat
Read moreExillon Energy to hit or exceed 2013 production targets
9th Oct 2013 07:44
Russian oil producer Exillon Energy reported higher third quarter production and said it was likely to hit or top 2013 targets. The group, which works in the oil-rich regions of Timan-Pechora and West Siberia, said average daily production increased to 16,643 barrels from 15,737 in the second quart
Read moreExillon Energy hires Goldman Sachs to begin formal sale process
18th Sep 2013 11:33
Having received several takeover approaches, Russian-focused oil explorer Exillon Energy has appointed Goldman Sachs to consult on a formal review of its options. Chairman David Herbert stressed that the company's assets were "materially undervalued" by the market. "The board has unanimously con
Read moreFriday broker round-up UPDATE
8th Mar 2013 07:42
Advanced Computer Software Group: Canaccord Genuity raises target price from 80p to 108p and reiterates a buy recommendation. Aggreko: Jefferies raises target price from 2000p to 2200p keeping its buy recommendation. Cantor Fitzgerald takes target price from 2020p to 2200p and stays with its buy re
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