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  • Shelton Petroleum: Maintenance Causes Minor Dip In YOY Monthly Figures for June

    Shelton Petroleum’s total oil production in June 2014 amounted to 25,667 barrels, equivalent to 856 barrels per day.

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

    Jun2014Jun2013Jan-Jun2014Jan-Jun2013Jan-Dec 2013Jan-Dec 2012
    Lelyaki10,311  10,60065,41160,925  126,565119,950
    Rustamovskoye  15,3568,260101,02638,185 122,305  57,900
    Total barrels25,66718,860106,43799,110248,870177,850
    Lelyaki344     353361337       347328
    Rustamovskoye512 275558211 335158
    Total barrels per day856     629920548       682486

     

    Maintenance operations were conducted in Bashkiria in June 2014 and this resulted in fewer production hours during the month.

    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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