Shelton Petroleum AB: Shelton Petroleum Expands its Oil Facilities in Bashkiria
Shelton Petroleum invests SEK 20 million in scalable oil facilities on the Rustamovskoye field in Russia in order to improve efficiency in the handling of current and expected future oil production. The infrastructure investments will enable a more efficient handling of produced oil from wellhead to point of sale. The …
PetroNeft Resources: Operations Update
PetroNeft owner and operator of Licences 61 and 67, Tomsk Oblast, Russian Federation, is pleased to announce an operations update. Highlights Delineation drilling results at Lineynoye No. 9 indicate the J1-1 interval is oil saturated and in line with expectations. Average Production remains at about 2,300 bopd, with additional workovers …
Shelton Petroleum AB: Production report for December 2013
Shelton Petroleum’s total oil production in December 2013 amounted to 29,800 barrels, equivalent to 961 barrels per day. Production in the fourth quarter 2013 amounted to 92,060 barrels, equivalent to 1,001 barrels per day. “As a result of the successful drillings in Bashkiria, production has almost doubled in 2013. During …
Salym Petroleum Development Started Drilling First Bazhenov Well
Salym Petroleum Development (SPD) started drilling the first horizontal appraisal well in Bazhenov formation in Upper Salym as a part of pilot project which provides for construction of five horizontal appraisal wells in 2014-1015 using multifrac technology. During the last three years SPD conducted extensive studies to reduce geological uncertainties …
Shelton Petroleum AB: Communiqué from Extraordinary General Meeting 9 January 2014
At the extraordinary general meeting held today, the shareholders resolved to give the Board of Directors an authorization to resolve on new issues of equity. The shareholders also resolved not to carry out a share split or a bonus issue. CEO Robert Karlsson presented the background for the extraordinary general …
Integra Group Interim Management Statement and Financial Highlights for the 9M 2013
Integra Group (LSE: INTE) released today its Interim Management Statement and unaudited financial highlights for the nine months period ended September 30, 2013. The financial data are based on management assessment only and have not been reviewed by external auditors. 9M 2013 Financial Highlights · Sales decreased by 9.3% to US$ 418.2 …
C.A.T Oil AG: Revenues Up 30% in One Year
C.A.T. oil AG, one of the leading providers of oil and gas field services in Russia and Kazakhstan, achieved outstanding results in the first nine months of 2013. The Company increased its revenues by more than 30% to EUR 322.9 million (Q1-3 2012: EUR 246.3 million) and its EBITDA by …
C.A.T oil AG: Significant Increases in Investment and Core Services
C.A.T. oil AG, one of the leading providers of oil and gas field services in Russia and Kazakhstan, will invest EUR 390 million from 2014 to 2016, EUR 300 million dedicated to bring on stream new operating capacity and EUR 90 million for maintenance. The approved investment program suggests that …
Tatneft: Figures for the First 10 Months of 2014 – Drilling Down, Production up 0.6%
Crude Oil Production The amount of 2,219,585 tons of crude oil was produced at JSC TATNEFT in October accounting for 100.6 percent versus October, 2012 (+12,536 tons). The amount of 21,737,914 tons of crude oil was produced during ten months, which was 74,794 tons more than during ten months of …
Greenpeace Assails Oil Rig in Russian Arctic
Greenpeace activists have launched an attempt to board a Russian oil platform and prevent it drilling in the Arctic. The group released pictures of two activists scaling the side of the giant Prirazlomnaya platform, and of security forces boarding one of its boats. The project, run by oil monopoly Gazprom, is Russia’s …