03.03.2017
In 2016 Selena Oil & Gas Holding continued to develop wells located on its licences for re-commissioning, through investments in infrastructure and in production equipment. The development has not been entirely successful. The Company have encountered hinders in reaching targetet production level, due to well-bore disturbances, a high sulphur content in one well, and an overall lower than anticipated production level.
The Company currently owns seven wells, including two non-producing wells, and anticipates to soon reaching a production level of 200 bbl per day in 2017.
2016 in summary:
For full financial report, please see attachment. The report will also be published on www.selenaoil.com.
For further information, please contact:
Magnus Stuart, Managing Director
mobile +46 706 211 350,
e-mail: magnus.stuart@selenaoil.com
Selena Oil & Gas Holding AB (Publ) (former Emitor Holding AB) is engaged in the exploration and production of oil and gas in the Volga-Ural region in the Russian Federation, around 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.
Click here to down-load the press release as a pdf-file.
Click here to down-load the Interim Report as a pdf-file.
Klicka här för att hämta pressmeddelandet på Svenska som en pdf-file.
Click here for Emitor Holding AB (publ) Press releases 2008 – 2011
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18.11.2018
20.09.2017
19.09.2017
06.09.2017
23.08.2017
03.03.2017
10.02.2019
20.09.2017