Shelton Petroleum: Interim Report January-June 2013
Strengthened financial position accelerates increases in production January – June 2013 *Total revenue for the period: SEK 46 (52*) million *Operating result for the period: SEK 11 (18*) million *One-off item increased revenue and profit for 2012 by SEK 7[1] million *Basic and diluted earnings per share: SEK -0.44 (1.37) …
Shelton Petroleum AB: Production report for July 2013
Shelton Petroleum’s total oil production in July 2013 amounted to 19,230 barrels, equivalent to 620 barrels per day. The table below summarizes the production broken down by oil field. July 2013 July 2012 Jan-July 2013 Jan-July 2012 Jan-Dec 2012 Lelyaki 10,680 10,900 71,605 69,300 119,950 Rustamovskoye …
Shelton Petroleum AB: Spuds New Well in Russia
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 …