Shelton Petroleum: Distributes Ukrainian Operations Through Zhoda Petroleum Ukraine AB
As part of the transaction between Shelton Petroleum and Petrogrand, Shelton Petroleum today distributes its Ukrainian operations to its shareholders in the form of a dividend. Zhoda Petroleum Ukraine AB (“Zhoda”) is the Swedish parent company in the group that has been distributed. Pareto Securities has set up an OTC …
Shelton Petroleum: Produces 23,300 Barrels in April
Shelton Petroleum’s total oil production in April 2015 amounted to 23,300 barrels, equivalent to 777 barrels per day. 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 …