Sonoyta Limited

At the extraordinary general meeting held earlier today in Shelton Petroleum AB the shareholders approved the agreement between Shelton Petroleum and Petrogrand AB which will combine the Russian oil and gas assets of the companies and dissolve the cross ownership. The agreement is available on the company’s website. At the …

Petrogrand AB’s subsidiary, Sonoyta Limited, has signed a Share Subscription Agreement, regarding the subscription for newly issued 49 per cent of the shares and votes in Ripiano Holdings Ltd, a Cyprus holding company with oil producing subsidiaries in Russia (“Ripiano”). The subscription price for the shares and votes in Ripiano …