Shelton Petroleum AB: Invitation to Shelton Petroleum’s Geologic Update

Shelton Petroleum will release a geologic update on its Russian oil fields on Thursday 13 February at approximately 10.30 CET. CEO Robert Karlsson will host a webcasted conference call the same morning at 11.00 CET.

Shelton Petroleum has since 2007 successfully been pursuing oil exploration and production at the company’s three license blocks in the Russian republic of Bashkiria. The company has found oil and commenced production from four out of four drilled wells. As previously announced, the new well at the Rustamovskoye field encountered substantially higher net pay and has reached significantly higher flow rates compared to the previous wells.

The objective of the geologic update is to present the company’s new and improved view on its Russian oil fields following the positive drilling results of the new well.

The presentation will be webcasted. Participants will be able to submit questions via the webcast and follow the presentation material live. An on demand version will also be available on the company’s website www.sheltonpetroleum.com. To participate in the conference call, and thereby be able to ask questions, please call one of the following numbers:

Sweden: +46850598261

UK: +442033645372

Link to webcast: http://financialhearings.nu/140212/sheltonpetroleum/