Shelton Petroleum has released its 2010 Annual Report.
The Annual Report is in Swedish and is available for download from the company’s website www.sheltonpetroleum.com. A PDF of the Annual Report is incorporated by reference to this press release. An English-language version will be published shortly.
For more information, please contact:
Robert Karlsson, CEO, Shelton Petroleum, tel +46 709 565141
This information was released for publication on 26 April 2011 at 17:00 CET.
About Shelton Petroleum Shelton Petroleum is a Swedish company focused on exploring and developing concessions in the Volga-Urals area in Russia and the resource-rich basins of Ukraine. The company holds three licenses in Russia 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. Ukrainian operations include onshore as well as offshore projects. Shelton Petroleum is pursuing an integrated business model and has acquired significant equity stakes in Tomsk Refining AB and Baltic Oil Terminals PLC, the latter being an AIM listed company with a terminals and transshipment business in Kaliningrad on the coast of the Baltic Sea. The Shelton Petroleum share is traded on the NGM stock exchange under the under the symbol SHEL B. The company has applied for a listing of its share on NASDAQ OMX Main Market.