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Shelton Petroleum AB: Production report for July 2013

Shelton Petroleum’s total oil production in July 2013 amounted to 19,230 barrels, equivalent to 620 barrels per day.

The table below summarizes the production broken down by oil field.

 

  July

2013

July

2012

Jan-July

2013

Jan-July

2012

Jan-Dec

2012

Lelyaki 10,680   10,900   71,605 69,300 119,950
Rustamovskoye   8,550 900  46,735 24,800   57,900
Total barrels 19,230 11,800 118,340 94,100 177,850
           
Lelyaki 345      352        338   325 328
Rustamovskoye 276  29  220 116 158
Total barrels per day 620      381        558 442 486

 

Shelton Petroleum holds 100% of the Rustamovskoye license in Russia. Shelton Petroleum has a 45% working interest in Kashtan Petroleum (holder of the license to the Lelyaki oil field) through its wholly owned subsidiary Zhoda 2001 Corporation. Ukrnafta, Ukraine’s largest oil and gas company, owns the remaining 55%. The production data in the table above represents Shelton Petroleum’s working interest.

Source

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