Eurasia Journal News

Shelton Petroleum: November Production Dips, Pumps to Be Replaced in December

Shelton Petroleum’s total oil production in November 2014 amounted to 25,590 barrels, equivalent to 853 barrels per day. The table below summarizes the production broken down by oil field.   Nov 2014 Nov 2013 Jan-Nov 2014 Jan-Nov 2013 Jan-Dec 2013 Jan-Dec 2012 Lelyaki 10,110   11,020 114,731 115,085   126,565 …

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Eurasia Journal News

Shelton Petroleum: Significantly Strengthened Reserves Base in Russia

January – September 2014 Total revenue for the period: SEK 93 (72) million Write-down of exploration assets affects the operating result by SEK -7 (0) million Operating result for the period: SEK 16 (19) million Operating result and margin excluding write-down: SEK 23 (19) million, 24% (26%) Basic and diluted …

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Eurasia Journal News

Shelton Petroleum AB: Production Report for October 2014

Shelton Petroleum’s total oil production in October 2014 amounted to 25,250 barrels, equivalent to 815 barrels per day. The table below summarizes the production broken down by oil field. Oct 2014 Oct 2013 Jan-Oct 2014 Jan-Oct 2013 Jan-Dec 2013 Jan-Dec 2012 Lelyaki 9,580 11,060 104,621 104,065 126,565 119,950 Rustamovskoye 15,670 …

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Uncategorized

Shelton Petroleum: AGR-TRACS Audit Review Sees 7 Fold Increase in Reserves

On behalf of Shelton Petroleum, AGR-TRACS has carried out an independent Western reserve update related to two of the company’s oil fields in Russia. The oil reserves on the producing field are estimated to amount to approximately 41 million barrels, which corresponds to an increase by seven times compared to …

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Eurasia Journal NewsUncategorized

Shelton Petroleum: Suyanovskoye Seismic Program Reveals “Promising Structures with Significant Resources”

Shelton Petroleum has collected and analysed 95 kilometers of seismic data on the Suyanovskoye oil field. Three promising structures with estimated recoverable resources of approximately 47 million barrels of oil have been identified. Shelton Petroleum is also conducting a Western independent reserves audit on the producing Rustamovskoye oil field and …

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Eurasia Journal NewsUncategorized

Shelton Petroleum: Suyanovskoye Seismic Program Reveals "Promising Structures with Significant Resources"

Shelton Petroleum has collected and analysed 95 kilometers of seismic data on the Suyanovskoye oil field. Three promising structures with estimated recoverable resources of approximately 47 million barrels of oil have been identified. Shelton Petroleum is also conducting a Western independent reserves audit on the producing Rustamovskoye oil field and …

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Uncategorized

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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Uncategorized

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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Uncategorized

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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Uncategorized

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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