?

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 production1 was 16,114bbl/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 production2 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.

Media details:

Tom Blackwell+44 207 920 2330

_____________________________

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.

1The 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.

2 "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.


This information is provided by RNS
The company news service from the London Stock Exchange

RNS news service provided by Hemscott Group Limited.

distributed by