Exillon Energy
Encyclopedia
Exillon Energy plc is a Russia
Russia
Russia or , officially known as both Russia and the Russian Federation , is a country in northern Eurasia. It is a federal semi-presidential republic, comprising 83 federal subjects...

n oil exploration
Oil exploration
Hydrocarbon exploration is the search by petroleum geologists and geophysicists for hydrocarbon deposits beneath the Earth's surface, such as oil and natural gas...

 company. It is listed on the London Stock Exchange
London Stock Exchange
The London Stock Exchange is a stock exchange located in the City of London within the United Kingdom. , the Exchange had a market capitalisation of US$3.7495 trillion, making it the fourth-largest stock exchange in the world by this measurement...

.

History

The Company was established by Maksat Arip, a Kazakh
Kazakhstan
Kazakhstan , officially the Republic of Kazakhstan, is a transcontinental country in Central Asia and Eastern Europe. Ranked as the ninth largest country in the world, it is also the world's largest landlocked country; its territory of is greater than Western Europe...

 businessman, in January 2009 when he acquired assets in the West Siberia Region
West Siberian economic region
West Siberian economic region tr.: Zapadno-Sibirsky ekonomichesky rayon) is one of twelve economic regions of Russia.This vast plain—marshy and thinly populated in the north, hilly in the south—is of growing economic importance, mostly due to the abundance of natural resources: oil, coal, wood, water...

 of Russia
Russia
Russia or , officially known as both Russia and the Russian Federation , is a country in northern Eurasia. It is a federal semi-presidential republic, comprising 83 federal subjects...

 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. It was first listed on the London Stock Exchange
London Stock Exchange
The London Stock Exchange is a stock exchange located in the City of London within the United Kingdom. , the Exchange had a market capitalisation of US$3.7495 trillion, making it the fourth-largest stock exchange in the world by this measurement...

 in December 2009.

Operations

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