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  • Shelton Petroleum: Produces 16,430 Barrels at the Rustamovskoye in August

    Shelton Petroleum’s total oil production in August 2014 amounted to 26,500 barrels, equivalent to 855 barrels per day.

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

    Aug2014Aug2013Jan-Aug2014Jan-Aug2013Jan-Dec 2013Jan-Dec 2012
    Lelyaki10,070  10,46085,77182,065  126,565119,950
    Rustamovskoye 16,4305,730134,87652,465 122,305  57,900
    Total barrels26,50016,190220,647134,530248,870177,850
    Lelyaki325     337353338       347328
    Rustamovskoye530185555216 335158
    Total barrels per day855     522908554       682486

     

    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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