Exillon Confirms Oil Pay at Exploration Well 4

- Exillon Confirms Oil Pay at Exploration Well 4

Wednesday, June 29, 2011
Exillon Energy plc

Exillon announced preliminary results from Exploration Well 4 (EWS-10274), located in West Siberia.

Exploration Well 4 was designed to test an area between the EWS I and EWS II fields. Preliminary results of wire line logging confirmed the presence of 6.7 meters of effective net oil pay in an area that has not been previously studied. These results have expanded the management's understanding of the outline of the EWS fields in a manner which may support further reserve growth.

The well encountered the Jurassic reservoir at 1,883 meters, and is currently being drilled deeper to assess the potential for further oil pay within the Pre Jurassic. Testing of the well is expected to be completed by the end of Q1 2012.

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Russian Well Delivers for Exillo

- Russian Well Delivers for Exillo

Wednesday, May 18, 2011
Exillon Energy plc

Exillon announced that well EWS I - 20 successfully found oil on the eastern part of the EWS I field.

EWS I - 20 well which was spudded on April 13, 2011, was drilled in 24 days on an eastern part of the EWS I field on a turn-key contract.

The well flowed water-free oil naturally to the surface with a flow rate of 625 bbl/day on an 8 mm choke. The well encountered the Jurassic P reservoir at 1,809 meters, confirming 14.6 meters of effective net oil pay within the Jurassic.

The well was drilled directionally 0.9 km to the north-west from the existing well pad. On completion of testing the well will be connected up to existing production facilities.

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Exillon Appraisal Discovers Oil in Russia

Exillon Appraisal Discovers Oil in Russia

Monday, March 28, 2011

Exillon Energy plc

 

Exillon, with assets in two oil-rich regions of northern Russia, Timan-Pechora ("Exillon TP") and West Siberia ("Exillon WS"), announced that appraisal well 5 (EWS I - 50P) successfully found oil on the northern extension of the East EWS I field.

Appraisal well 5 (EWS I - 50Р) was designed to test a 5 sq km northern extension to the East EWS I field. The new appraisal contained pre drill estimates of 13.3 million barrels of possible reserves (Miller and Lents December 2010 reserves report). The well encountered the Jurassic P reservoir at 1858 m which is 2 meters higher than previously thought. Results of wire line logging combined with oil shows and sample analysis whilst drilling, have confirmed the presence of 13.9 m of gross oil pay within the Jurassic. The well was spudded on 9 March 2011 was drilled in 18 days on a northern part of the East EWS I field. Testing of the well will be completed by the end of April.