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Saturday, August 29, 2009

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Exillon Energy: Exillon Energy

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Exillon Energy

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Exillon Energy

Exillon Group is an independent oil company with upstream operations located in two oil rich regions of northern Russia, Timan-Pechora and West Siberia. These established petroleum provinces have well-developed regional infrastructure, including all season roads and pipeline networks.

The Group's principal assets include two operating companies:

Exillon TP, a wholly-owned subsidiary located in the Timan-Pechora basin in the Komi Republic region.
Exillon WS, a wholly-owned subsidiary is located in the West Siberian Basin in the Khanty-Mansiysk region.

Exillon Group has a high quality reserve base that has clear potential for further development. With a proven track record in discovering and producing high quality crude oil using modern western technologies, Exillon Group plans to build reserves and increase the company’s revenue base through exploration.

Press-releases & company news

TNK-BP pumps up Kamennoye volume.

Russian producer TNK-BP has launched commercial production from the northern hub at the Kamennoye oilfield in West Siberia, it said today.

Malka shrugs off bankruptcy rumors.

Sweden-based Russian explorer Malka Oil denied reports by a former board member that it is on the verge of bankruptcy.

Russia 'sitting on vast Arctic gas stash'.

The first detailed scientific analysis of potential oil and gas deposits in the Arctic has confirmed that Canada, the US and other northern nations could be sitting on fresh reserves, but identifies Russia as the biggest winner in the polar petroleum sweepstakes.