Bli medlem
Bli medlem

Du är här

2014-06-13

Shelton Petroleum AB: Production report for May 2014

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 May Jan-May Jan-May Jan-Dec Jan-Dec |
| |
| 2014 2013 2014 2013 2013 2012 |
|Lelyaki 11,060 10,740 55,100 50,325 126,565 119,950 |
|Rustamovskoye 17,120 6,500 85,670 29,925 122,305 57,900 |
|Total barrels 28,1 17,240 140,7 80,250 248, 177,850 |
| 8 7 8 |
| 0 0 70 |
| |
|Lelyaki 357 346 365 333 347 328 |
|Rustamovskoye 552 210 567 198 335 158 |
|Total barrels per day 90 556 932 531 68 486 |
| 9 2 |
----------------------------------------------------------------------

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 owned subsidiary Zhoda
2001 Corporation. Ukrnafta, Ukraine's largest oil and gas company, owns the
remaining 55%. The production data in the table above represents Shelton
Petroleum’s working interest.

For more information, please contact:

Robert Karlsson, CEO, Shelton Petroleum, +46 709 565 141

robert.karlsson@sheltonpetroleum.com

www.sheltonpetroleum.com

About Shelton Petroleum

Shelton Petroleum is a Swedish company focused on exploring and developing
concessions in Russia and the resource-rich basins of Ukraine. In Russia, the
company holds three licenses in the Volga-Urals area in Bashkiria and has
commenced production on the Rustamovskoye field after a successful
exploration program. In Ukraine, Shelton Petroleum’s wholly owned subsidiary
has a joint venture with Ukrnafta and Chornomornaftogaz, two leading
Ukrainian oil and gas companies. The Shelton Petroleum share is traded on
NASDAQ OMX Stockholm under the symbol SHEL B.

This is an English translation of the Swedish original. In case of
discrepancies, the Swedish original shall prevail.

Författare NGN

Tala om vad ni tycker

Tala om vad ni tycker

Ni är just nu inne på en betaversion av nya aktiespararna. Lämna gärna feedback på vad ni tycker i formuläret nedan.