Press Releases

Release of First Quarter Report 2015

29.05.2015

EBITDA for Q1 2015 amounted to SEK - 0,918 M as compared to SEK 1,929 M for Q1 2014.

Net Result is a loss of SEK -1,963 M (Q1 2014 reported a loss of SEK 0,050 M), including a financial loss of SEK 0,986M.

Revenue from sale of crude oil during Q1 2013 amounts to SEK 1,552 M (2014 no revenue).

During the first quarter, the Company has produced a total 8 100 bbl of crude oil corresponding to an average daily production of 90 bbl. Sale of crude oil has fetched an average of SEK 192 per bbl corresponding to USD 22 per bbl.  

The entire Q1 report is attached to the press release, and is also published on www.selenaoil.com.

 

For further information, please contact:

Magnus Stuart, CEO

+46 706 211 350

 

 

 

Selena Oil & Gas Holding AB (Publ) (former Emitor Holding AB) is engaged in the exploration, production and transportation of oil and gas in the Volga-Ural region in the Russian Federation, center in Perm. The Company´s shares are temporarily not publicly listed, but the Company observes all rules, practices and policies for any company subject to public listing. Selena Oil & Gas Holding AB are in process of seeking for a new listing. Mangold Fondkommission serves as before as the company´s Adviser on public information.

The information in above press release is of such character that Selena Oil & Gas Holding AB (publ) must disclose to act in accordance the Securities Markets Act and / or the Act regarding trading with financial instruments. The information was submitted for publication on May 29th, 2015 at.08:30.

Click here to download the pressrelease in pdf format

Click here to download the full Q1 report in pdf format

 


Click here for Emitor Holding AB (publ) Press releases 2008 – 2011