Exillon Energy plc announced unaudited consolidated earnings and production results for the six months ended June 30, 2018. For the period, the company reported revenue of USD 76,757,000 compared to USD 64,364,000 a year ago. Operating profit was USD 25,697,000 compared to USD 22,616,000 a year ago. Profit before income tax was USD 25,174,000 compared to USD 25,774,000 a year ago. Profit for the period attributable to owners of the parent of USD 18,941,000 compared to USD 19,594,000 a year ago. Earnings per basic and diluted share of USD 0.12 compared to USD 0.12 a year ago. Net cash used in operating activities was USD 5,428,000 compared to cash generated from operating activity of USD 25,669,000 a year ago. Purchase of property, plant and equipment of USD 776,000 compared to USD 7,842,000 a year ago. EBITDA increased by 29% to USD 44.5 million compared to USD 34.6 million a year ago. As at 30 June 2018, net debt position was USD 124.8 million.

For the six months, the company's oil production decreased by 16% from 2.01 million in first half of 2017 to 1.68 million barrels in first half of 2018 equivalent to a decrease from 11,118 bpd to 9,285 bpd, respectively. Oil production decreased by 10% from 1.86 million in second half of 2017 to 1.68 million barrels in second half of 2018 equivalent to a decrease from 10,120 bpd to 9,285 bpd. The decrease in production is reflecting natural production decline curve due to the natural field depletion; this did not result in any impairment of oil and gas properties.