Rustamovskoye

Shelton Petroleum’s total oil production in September 2013 amounted to 22,280 barrels, equivalent to 743 barrels per day. The company recently announced the results from the fracking of well #1 and #11 as well as the test of the new well #12 on the Rustamovskoye field. The work on these …

The fourth well on the Rustamovskoye oil field in Russia has been taken into production with an initial flow rate exceeding 300 barrels per day, which is significantly higher than the field’s previous wells. Shelton Petroleum’s Russian and Ukrainian operations have now jointly reached a total production of approximately 1,000 …

Shelton Petroleum has recently completed a series of activities designed to increase oil production at the Rustamovskoye oil field in Russia. A two well fracking program has substantially increased well productivity. In addition, the drilling of the field’s fourth well has been completed and oil was encountered at target depth. …

Shelton Petroleum has spudded a fourth well on the Rustamovskoye field in Russia by exercising the option included in the drilling contract of well RS#11. As previously announced, RS#11 shows good flows and is connected to the field’s infrastructure and the sale of oil from the well has commenced. Shelton …