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  • Shelton Petroleum: February Production Report

    Shelton Petroleum’s total oil production in February 2015 amounted to 23,610 barrels, equivalent to 843 barrels per day.

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

     

    Feb

    2015

    Feb

    2014

    Jan-Feb

    2015

    Jan-Feb

    2014

     

    2014

     

    2013

     

    2012

    Lelyaki 9,840   10,480 20,150 22,000 125,141 126,565 119,950
    Rustamovskoye   13,770 16,000 26,330 33,800 196,236 122,305   57,900
    Total barrels 23,610 26,480 46,480 55,800 321,377 248,870 177,850
    Lelyaki 351      374 342 373 343        347 328
    Rustamovskoye 492 571 446 573 538  335 158
    Total barrels per day 843     946 788 946 880        682 486

     

    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.

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