Exillon Energy

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Exillon Energy plc
Type Public (LSEEXI)
Industry Oil exploration and production
Founded 2009
Headquarters Uray, Russia
Key people Sergey Koshelenko, Chairman
Alexander Suchkov, CEO
Revenue US$321.5 million (2013)[1]
Operating income US$91.10 million (2013)[1]
Net income US$31.6 million (2013)[1]
Website www.exillonenergy.com

Exillon Energy plc is a Russian oil exploration and production company with assets in two oil-rich regions of Northern Russia: Exillon TP in Timan-Pechora and Exillon WS in Western Siberia. It is listed on the London Stock Exchange.

History[edit]

The Company was established by Maksat Arip, a Kazakh businessman, in January 2009 when he acquired assets in the West Siberia Region of Russia with an exploration history dating back to 1971. Shortly afterwards it bought assets in the Timan-Pechora Basin with a history dating back to 1988.[2] It was first listed on the London Stock Exchange in December 2009.[3]

Operations[edit]

The company owns ten oil fields at early development stages in West Siberia and Timan-Pechora.[4]

References[edit]