Share Name Share Symbol Market Type Share ISIN Share Description
Exillon Energy Plc LSE:EXI London Ordinary Share IM00B58FMW76 ORD USD0.0000125
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.0% 41.20 0.00 01:00:00
Bid Price Offer Price High Price Low Price Open Price
40.40 42.00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Oil & Gas Producers 101.30 48.66 22.21 1.8 67
Last Trade Time Trade Type Trade Size Trade Price Currency
- O 0 41.20 GBX

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Date Time Title Posts
11/6/202014:11Bullish chart on EXI!23
10/6/201906:49Exillon Energy - Russian energy play4,940
18/3/200117:32Is this what we pay Directors for?2
17/3/200100:47Cash offer at 108-

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Exillon Energy Daily Update: Exillon Energy Plc is listed in the Oil & Gas Producers sector of the London Stock Exchange with ticker EXI. The last closing price for Exillon Energy was 41.20p.
Exillon Energy Plc has a 4 week average price of 0p and a 12 week average price of 0p.
The 1 year high share price is 41.20p while the 1 year low share price is currently 41.20p.
There are currently 161,510,911 shares in issue and the average daily traded volume is 0 shares. The market capitalisation of Exillon Energy Plc is £66,542,495.33.
lukmanpatel: Another troll by the username lsehotdealz haha, share price is stagnant and there’s talks of fundraise at 10p on that board lol desperation has lead to going round posting on different board to prevent share price from dropping, usually ud stay quiet and average down and accumulate if you see huge potential lmaoo he’s spamming all the boards and a newly registered today as a member lol
galeforce1: Things seem to be going quite well here. Production seems to have stabilised. Share trading volume is still very low, but the share price is ticking up.
galeforce1: basem1 Thanks for your response. I agree that a low-ball offer could come at any time. This is one of the very few junior oil companies that hasn't moved on yesterday's rise in crude prices. But at the same time there are obvious risks with investing here, and the spread is big. Here in an interesting post from the EXI discussion board on Stockopedia: "I have followed EXI for several years, even by Russian standards EXI is dirt cheap, regardless of which valuation metric you use. I can see two reasons the share price is so low, first despite having plenty of cash and 500m+ barrels of 2P reserves production has been dropping. I attended the AGM this year and questioned the chairman about it, the response was that since the oil price appeared to have stabilized EXI would increase drilling activity to ramp up production, so far nothing has happened on that front. The second reason is there are two large Russian shareholders, one owns just under 30% and the other owns 26.7%, no one knows if they are working together to control the company or not.
danboris2: Definitely feels like upward momentum in the share price is building. Something must be going on in the background IMO. Wonder if there is corporate activity looming again?
hughconway: Can anyone give a brief overview of the relationship worldview have with the company. I'm following their interest with another company recently and I'm trying to establish if they act in the interest of shareholders or whether their interest is more of a selfish nature. I seen with this one they were fight to get the board out at start of 2013 and their men in! They were also accused of depressing the share price and then purchasing more shares. Quick summary would be appreciated
pro_s2009: Useless23 18 Dec'13 - 20:08 - 4645 of 4646 0 0 Yet another sound investment by Pro... It was, if you traded it in the short term. 190p to 340p with high volume and easily able to sell in the 270 to 300 region. Now at 180p for a breather before the next round of action. At the end of the day this is : A fully listed company - not an AIM market dross company. Has 2P reserves of 520 million barrels No net debt. Producing 20,000 barrels of oil a day. Ramping up production (early stage development at the moment). The fundamentals scream 400p - which would only be around 2US$ a barrel in the ground - which is why there has been big share purchases at 377p and 363p (nearly 60% of the company). To those that sold the rise thats an easy 60% profit with high volume trading - well done, wish I had joined them - but I am holding on for more - when the takeover really does happen - and I think it will be before the end of the March. Time will of course tell the true story. Its what makes ADVFN so amusing, that the share price has gone from 190p to 180p certain people are high fiving and calling themselves guru's and crystal ball readers and nipping into the toilets for a celebratory hand shandy. However, they fail to "see" the rise from 190p up to 340p the share price had - with high volume easy to buy and sell in the 270p to 300p region. Easy profits to those that took it - but because its now historical they ignore it. In the same way that if the share price goes up above 190p again in the coming months then the longs can ignore this short term dip and start their own high 5'ing and back slapping. All you can be sure of is that if the share price rises again now and into a takeover offer in the coming months - the posters who have suddenly reappeared the last few days when the share price fell, who were missing from posting when the share price rose, will again go missing again - thats a sure fire certainty you can place on a bet on with bulletin board forums :)
pro_s2009: nigelpm 14 Dec'13 - 19:29 - 4548 of 4557 0 0 You definitely need to think about why the share price is £2.30 - a full 40% below the price paid. The market can be irrational but this is plain silly. Remember someone ALWAYS knows more than you do. The share price was in the 280p to 290p range - when the news of the sales by Hanberg/Gazprom come out the share price went to 300p. BUT - then First Energy, VSA and others all released together notes into the market say "be careful might get a lowball offer now". The result of those notes being fed into the market led to 1% (only 1%) of the companies shares being sold and a price collapse to 200p. Had those "advice" notes not been released the price would not have fallen. The market knows more ? No - if the market knew the volume of sells would be much higher. Someone put some shorts on, some released some notes which would make people sell - and hey presto sells, price fall, shorts in profit. The City of London is MORE corrupt than Russia.
yoyoy: Exillon Energy plc Drilling and Production update and Interim Management Statement 2 November 2012 Exillon Energy plc (EXI.LN), a London Premium listed oil producer with assets in two oil-rich regions of northern Russia, Timan-Pechora ("Exillon TP") and West Siberia ("Exillon WS"), today issues its Interim Management Statement, Drilling Update and October Production Report. Data are for the period from 1 July 2012 to 30 September 2012 unless otherwise stated. October Production Update -- Our average daily production(1) was 14,119 bbl/day during the period. -- Average daily production for Exillon TP was 3,382 bbl/day, and for Exillon WS it was 10,737 bbl/day during the period. -- Our peak daily production(2) was 15,279 bbl/day during the period. We expect to make our November production announcement by 5 December 2012. Publication of Monthly Production Data We recently consulted with our major shareholders about the merits of publishing monthly production data. A large majority felt that monthly publication was excessive, and that quarterly publication would result in less volatility in our share price. We have therefore decided that from next year we will publish production data once a quarter. Our final monthly announcement will relate to December 2012, and will be published in early January 2013. Drilling Update ETP IV - 5 Development well ETP IV - 5 was spudded on 7 May 2012 and drilled and cemented in 64 days on the northern part of the ETP IV field. The well encountered Lower Silurian reservoir at 3,249 metres, confirming 11.1 metres of absolute effective net oil pay. In addition, the well encountered the Domanic reservoir at 3,181 metres, confirming an additional 2.9 metres of absolute effective net oil. Due to the angled trajectory of the well bore, this well exposed 26.6 metres of effective net oil pay. The well produced water-free oil with a production rate of 461 bbl/day from the Silurian reservoir alone. The Domanic reservoir has not yet been tested. The well results support our geological understanding of the ETP IV field. The well was drilled vertically from well Pad 5, and is now connected to existing production facilities. The drilling rig used for Well ETP IV - 5 has subsequently drilled Well ETP V - 6001, which is currently being tested, and has also now spudded Well ETP V - 5001 targeting the northern part of the ETP V field. We expect to announce results of well ETP V - 6001 upon completion of testing. Interim Management Statement During the 3(rd) quarter of 2012 Exillon made significant progress. The following were all announced throughout the 3(rd) quarter: -- Average production increased from 12,131 barrels per day (bpd) in June to 13,796 bpd in September -- Completed 6 new wells (Wells 52, 54, 53, 571 and 60 in EWS and 2003 in ETP) -- Commissioned our own Transneft Entry Point in WS -- Quadrupled our licence size in Timan Pechora by acquisition -- Continued to reduce central overhead costs We remain on track to reach our target for 2012 of an exit rate of 17kbpd of oil production. 2013 Reserves Report We have begun work on an updated reserves report. Our last report was published in February 2012 and we currently expect to publish the next report in April 2013, at around the same time as our financial results for 2012. A significant amount of work is required in order to process the following new information, all of which are likely to have a positive impact on reserves: - The LLC Venlockneft acquisition in Timan Pechora, which quadrupled the acreage of Exillon TP's licence area. No audited reserves have yet been booked in these substantial new licence areas. - The changes to our understanding of the extent of the northwestern area of the EWS I field following the recently announced results from Well 60. As announced on 25 October 2012, Well 60 is an exploration well drilled into a northern extension of the EWS I field. The results from this well were very positive and may lead to a remapping of this area of EWS I. - Further analysis of the results of Well 10274, drilled in 2011. As announced on 26th August 2011, exploration well 4 (EWS-10274) was designed to test an area between the EWS I and EWS II fields. This will also contribute to our understanding of the extent of these fields. - The excellent results from Well Pad 5 in Exillon WS throughout 2012, where the oil water contact was consistently shown to be substantially lower than assumed by our reserves auditors. Financials During the period, we exported 1,222,049 barrels of oil at an average realised price of approximately US$ 105.8 per barrel, and sold 2,048,551 barrels within Russia at an average realised price of US$ 42.6 per barrel. The difference in the sales price of exports and domestic sales is principally a function of export duty. We are free to sell either for export or domestically, and our netbacks for domestic and export sales are similar. The average selling price for our oil continues to be higher than our budgeted level of US$95/ barrel Urals (and the equivalent level for domestic sales). Our cash balance was US$ 135.1 million at 30 September 2012. We have US$ 100.2 million of debt so our net cash position as at that date was US$ 34.9 million. US dollars account for approximately 84% of our liquid assets with the remaining 16% held in Russian Rubles. Capital expenditure in the 3 month period to 30 September 2012 was approximately US$ 16.6 million (3Q 2011: US$ 27.2 million). Of total capital expenditure, US$ 9.5 million was attributable to drilling, US$ 7.0 million to infrastructure and US$ 0.1 million to seismic data acquisition and interpretation. In addition, US$2.5m was deployed to secure the acquisition of LLC Venlockneft. Transneft Entry point On 12 July 2012 we announced the commissioning of our own Entry Point to the Transneft pipeline network. 100% of production from Exillon WS is now transiting via this facility. We previously transported oil approximately 200km by road to reach an entry point owned by a third party. The new Entry Point is approximately 100km from our oil fields, and transportation costs will fall accordingly. Transneft JSC is the state controlled trunk oil pipeline network of the Russian Federation. Once submitted to the Transneft network, oil can be sold for either export or domestic sale. Acquisition of Venlockneft On 10 September 2012 we announced that the we had secured the purchase of LLC Venlockneft, which more than doubles our contiguous licence area in ETP (and more than quadrupled our total licence area) in that region. The purchase price was approximately US$2.5m. Reductions in Overhead It remains our strategy to invest in our operating businesses in Urai and Usinsk, whilst minimising central overhead in Moscow. On 29 August 2012 we announced that we had appointed Ernst & Young LLP ("E&Y") as our new auditors, significantly reducing the costs of our financial audit. We also outsourced our company secretarial function during the period. Media Contact Tom Blackwell _______________________ Source: Average production data is based on monthly production reports submitted to tax authorities for MET payment purposes. Peak production is based on internal operational reports. (1) The 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 43,394 tonnes for Exillon WS, 14,090 tonnes for Exillon TP and 57,484 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
eric76: Still seem to be consolidating here really imo. Was impressed by the presentation though so happy to hold. The link to its on their website so interested parties can sign up for a listen at their leisure. Oilbarrel have done a piece on them too last week.. September 13, 2012 Exillon Energy Adds Major Licence Area While Targeting 17,000 BOPD By The End Of 2012. LSE listed oil producer Exillon Energy operates in the challenging North of Russia where its two main assets are wholly owned and situated in the Timan-Pechora and West Siberia Basins. The company recently released interim results showed strong production and EBITDA figures on the back of a successful drilling season and improved efficiencies, while the acquisition of LLC Venlock Neft adds serious acreage. The Timan-Pechora and West Siberia assets are held by wholly owned subsidiaries 'Exillon TP' and 'Exillon WS' respectively. West Siberia was the focus of the drill work in the first half of the year with five wells (North EWS I - 61, East EWS I-51, East EWS I - 52, East EWS I - 54 and East EWS I - 53) drilled, completed and tested, while Timan-Pechora has since been the subject of 3 wells drilled, but not yet completed (Well 7601 on ETP III, Wells 5 and 2003 on ETP IV). The company's last published reserves in February saw total 1P reserves of 125 mmbbl, with Exillon WS contributing 65 mmbbl. Total 2P reserves stood at 265 mmbbl with Exillon WS responsible for 160 mmbbl, while 3P reserves stood at 400 mmbbl, again led by Exillon WS with 267 mmbbl. The drill work completed in the first half of the year has exceeded the company's expectations and, together with the lack of any oil water contact in the North East of the EWS I field, and the drilling planned for the remainder of 2012, bodes well for the annual reserves audit at the end of the year. Recent operations have benefited from drilling improvements and the use of new techniques, as well as the completion of infrastructure upgrades that will increase efficiencies and add flexibility. At Exillon WS, the company has reduced its drilling times to 20 days per well and exposed double the net pay of a well simply by drilling its vertical wells at a 60 degree angle. The company drilled its first horizontal well in the first half of the year and, in addition to improving its completion and cementing procedures, has increased water injection rates to maintain well productivity. On the infrastructure front, Exillon commissioned its own entry point into the state controlled Transneft pipeline network in July, and with it halved the distance it has to truck its oil to 100 kilometres. The new entry point is located in Urai, operational headquarters for Exillon WS, and while current capacity is adequate at c. 13,000 bopd, expansion is simply a matter of constructing additional storage tanks. Having only finalised details in July, the shorter trucking advantages will only be seen in the second half of 2012, where the company estimates EBITDA will benefit to the tune of US$1.50 per barrel. Meanwhile the completion of oil treatment and power generation facilities at both Exillon TP and Exillon WS continues the company's strategy of improving its physical infrastructure to minimise operational costs. Financially the company had mixed results in the 6 months to June 30 with the aforementioned strong production and EBITDA figures ultimately let down by a net loss. Oil production increased 48 per cent to 2.1 million barrels over that in the corresponding 2011 period. April and May aside, average oil production rose consistently from 10,972 bopd in January to 12,330 bopd in July, with 17,000 bopd targeted by the end of the year. Increased production, as well as higher average oil prices (US$113 vs US$107 per barrel for exports and US$46 vs US$42 per barrel for domestic sales) saw revenue increase by 58 per cent to US$140.0 million, and flowed down to a 98 per cent increase in EBITDA to US$15.5 million. Net profit bucked the upward trend, falling from US$5.9 million in 2011, to a loss of US$1.7 million. Surface infrastructure investment and drilling / workover success improved the top line, but the absence of 2011's foreign exchange gains, increased depreciation charges and amortisation charges relating to shares issued in 2011 hitting the bottom line. Looking ahead, exchange rates are anyone's guess, and while depreciation charges are linked with capital investment, they are non-cash items, so with no shares having been issued in 2012, should the company maintain its top line improvements there is every reason to believe it capable of returning to profit and reflecting its operational performance lower down in its financial performance. Cash wise, the US$50 million increase in its Credit Suisse loan facility to US$100 million in February, meant the company ended June with US$138.5 million in cash / equivalents and US$38.3 million in net cash. Strategically, Exillon is focused on getting the most out of its existing licences, but this has not blinkered it into missing other opportunities as evidenced by the acquisition in January of the Sinatiyskoye Licence, now designated as ETP VII, and the recent capture of LLC Venlock Neft. The 130.4 square kilometre ETP VII licence was purchased for US$1.3 million and doesn't expire until December 2036. ETP VII abuts the southern boundary of ETP II and is covered by 2D seismic which has identified 8 significant geological structures. Venlock Neft was acquired for US$2.5 million and contains four exploration, appraisal and production licences in Timan-Pechora totalling 1,075 square kilometres. Two of the Venlock licences lie adjacent to Exillon's existing ETP II, IV and V field infrastructure, while the other two lie 600 kilometres to the south. All four licences have expiration dates beyond 2030, are covered by 2D seismic and together combine for 160 mmbbl of Russian reserve standard oil, mostly in the C3 category. In a not so unfamiliar story, Exillon has seen its share price trend lower over the last 18 months, but recent drill work and operational improvements have sparked some market interest with a bounce in the line graph. The significant expansion in its licence area and solid production prospects bode well for the coming 12 months, and should the company deliver on its 17,000 bopd goal while keeping a lid on costs, there is every reason to believe the share price bounce is sustainable.
tadtech: It's simply being shorted in my view. Either by the market makers or the takers of placing stock (at £4) or both. I am also curious about the 30% stake held by the former CEO. The plain fact is that Gazprom paid £1 per barrel for Western Siberia P2 reserves (Malka Oil) in early 2010. At the moment (assuming net cash of £35m) EXI's 265m 2P reserves are valued at circa 37p per barrel. At £1 per P2 barrel would indicate an EXI share price of £1.65p. I would be interested in hearing the CEO's view on the stock price, since Mark Martin was appointed the price has fallen over 80%.
Exillon Energy share price data is direct from the London Stock Exchange
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