Exillon Reports Russian Oil Finds

Russia-focused Exillon Energy reported Thursday that it has made a handful of oil discoveries across the two regions where it operates in the country.

In West Siberia, Exillon said its EWS I-91 well, which was spud on the central part of the northwest extension of the EWS I field on May 18, has encountered a Jurassic reservoir and confirmed 14 feet of vertical net oil pay and 23.5 feet of net pay along the well bore. The well is currently flowing oil at 377 barrels per day.

The EWS I-72 well, located on the northern extension of East EWS I field, was spud on June 8 and has since confirmed 14 feet of effective vertical net oil pay. It is currently flowing at 94 barrels per day.

Over in Exillon's Tima-Pechora concession, the firm said that its appraisal well North ETP VI-3, spud on March 27 to test the northern extension of the North ETP VI field, encountered a Lower Silurian reservoir and confirmed 40 feet of net oil pay. It is currently being testing and flowing at between 488 and 92 barrels per day on a varying choke.

Exillon also reported that exploration well ETP VI-2 did not produce oil after testing and that ETP IV-5002 is currently producing at eight barrels per day.


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