Press Releases

Q1 2012: Production increased by 24.4 % to 31.6 Mbbl (25.4)

31.05.2012

Q1 2012: Production increased by 24.4 % to 31.6 Mbbl (25.4)

The Q1 2012 report for the period Jan-Mar 2012 of Selena Oil & Gas Holding AB (publ) showed that production increased by 24.4% to 31.6 Mbbl as compared to the same period in 2011 (25.4).

Sales revenue amounted to 10,472 TSEK in the first quarter and increased by 22.1% as compared to respective period in 2011 (8,574).

Q1 2012 net result was a profit of 3,171 TSEK as compared to a loss in respective period in 2011. The net result was heavily impacted by net finance gain of 4,031 TSEK.

For full financial report, please see attachment. The report will also be published on www.selenaoil.com.

 

For further information, please contact:
Indrek Rahumaa, Chairman of the Board,
phone +372 509 2080 or +7 (916) 180 31 62,
e-mail: indrek.rahumaa@selenaoil.com
   

Selena Oil & Gas Holding AB (publ) (former Emitor Holding AB) is engaged in the production and transportation of oil and gas in the Volga-Ural region in the Russian Federation, including Perm and Udmurtia. The company is listed on NASDAQ OMX First North Premier in Stockholm under the ticker SOGH. Mangold Fondkommission is the company´s Certified Adviser and liquidity provider, telephone +46 8-503 015 50.

 Click here to download in PDF format

 


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