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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. Aug2014 Aug2013 Jan-Aug2014 Jan-Aug2013 Jan-Dec 2013 Jan-Dec 2012 Lelyaki 10,070   10,460 85,771 82,065   126,565 119,950 Rustamovskoye  16,430 5,730 134,876 …

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Shelton Petroleum: Interim Report January-June 2014

January – June 2014 Total revenue for the period: SEK 63 (46) million Operating result for the period: SEK 15 (11) million Operating margin: 23% (23%) Convertible bond of SEK 22 million fully converted into shares making the company debt-free Basic and diluted earnings per share: SEK 0.70 (-0.44)   …

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Shelton Petroleum: Continues Year on Year Doubling of Production at Rustamovskoye

Shelton Petroleum’s total oil production in July 2014 amounted to 27,710 barrels, equivalent to 894 barrels per day. The table below summarizes the production broken down by oil field.   Jul2014 Jul2013 Jan-Jul2014 Jan-Jul2013 Jan-Dec 2013 Jan-Dec 2012 Lelyaki 10,290   10,680 75,701 71,605   126,565 119,950 Rustamovskoye   17,420 …

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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. Jun2014 Jun2013 Jan-Jun2014 Jan-Jun2013 Jan-Dec 2013 Jan-Dec 2012 Lelyaki 10,311   10,600 65,411 60,925   126,565 119,950 Rustamovskoye   15,356 8,260 …

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Shelton Petroleum: Rustamovskoye Production Up 260% YOY

Shelton Petroleum’s total oil production in May 2014 amounted to 28,180 barrels, equivalent to 909 barrels per day. The table below summarizes the production broken down by oil field.   May 2014 May 2013 Jan-May 2014 Jan-May 2013 Jan-Dec 2013 Jan-Dec 2012   Lelyaki 11,060   10,740 55,100 50,325   …

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Shelton Petroleum AB: Production Report for February 2014

Shelton Petroleum’s total oil production in February 2014 amounted to 26,480 barrels, equivalent to 946 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 …

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Petrogrand’s Board Rejects Increased Offer From Shelton Petroleum

Shelton Petroleum AB announced an offer to acquire all outstanding shares in Petrogrand AB for a consideration of 0.30 Shelton B shares for each Petrogrand share. On 24 February 2014, the Board of Directors of Petrogrand commented Shelton’s offer and advised Petrogrand’s shareholders not to accept the offer. Since Petrogrand’s …

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Shelton Petroleum: #12 Well at Rustamovskoye is a Possible Game Changer

Shelton Petroleum today announces a geologic update on its Russian oil fields. The objective of the update is to present how the company’s view on the fields has changed after the positive drilling results of the most recent well. CEO Robert Karlsson will host a webcasted conference call today at …

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Shelton Petroleum AB: Invitation to Shelton Petroleum’s Geologic Update

Shelton Petroleum will release a geologic update on its Russian oil fields on Thursday 13 February at approximately 10.30 CET. CEO Robert Karlsson will host a webcasted conference call the same morning at 11.00 CET. Shelton Petroleum has since 2007 successfully been pursuing oil exploration and production at the company’s …

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Shelton Petroleum AB: Production report for January 2014

Shelton Petroleum’s total oil production in January 2014 amounted to 29,320 barrels, equivalent to 946 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 …

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