Exillon Energy

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.

Exillon Energy plc
Public (LSE: EXI)
IndustryOil exploration and production
Founded2009
HeadquartersUray, Russia
Key people
Sergey Koshelenko, Chairman
Dmitry Margelov, CEO
RevenueUS$321.5 million (2013)[1]
US$91.10 million (2013)[1]
US$31.6 million (2013)[1]
Websitewww.exillonenergy.com

History

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]

Russian businessman Alexey Khotin acquired a 30% stake in the company in 2013.[4]

Operations

The company owns ten oil fields at early development stages in West Siberia and Timan-Pechora.[5]

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References
  1. "Preliminary Results 2013" (PDF). Archived from the original (PDF) on 2014-08-21. Retrieved 2014-08-20.
  2. "Exillon Energy: History". Archived from the original on 2010-09-21. Retrieved 2010-12-09.
  3. Exillon Raises $100 Million in London IPO Dealbook, 14 December 2009
  4. Jugra Bank reveals its affiliates — RBC News, 12.01.2016
  5. Russia's Exillon Energy plans London IPO London South-East, 3 November 2009
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