Shelton Petroleum overview Oil and gas exploration and production Market capitalization fully diluted company founded in 2007 SEK 250 million Operations in Russia and Ukraine Producing 860 barrels per day Shares outstanding: 18.7…
Highlights Q3 2014 Daily production of over 860 barrels Significantly strengthened reserves base Write-down of exploration assets Operating margin 27% Operating margin excluding one-off write-down 4
Barrels per day 5 0 200 400 600 800 1 0 00 1 2 00 Q1-2010 Q2-2010 Q3-2010 Q4-2010 Q1-2011 Q2-2011 Q3-2011 Q4-2011 Increase in oil production Q1-2012 Q2-2012 stream Q3-2012 Well 12 comes on…
Growth in revenue and profit Amounts in SEK thousand, rolling average 4 quarters Operating result excluding positive and negative one-off items 6
Prioritized objectives Increase production Development of Rustamovskoye Work program on Lelyaki Create value in exploration assets Selective exploration to build reserve base Seize expansion opportunities Strong network and…
Highlights Ukraine Development with low Strong operating profit at oil geological risk at Lelyaki field in Poltava Political unrest on Crimea and in the East Expansion opportunities in the wake of Ukraines efforts to reduce…
Highlights Bashkiria Russia Combination of proven oil Significant increase in oil and exploration upside reserves in independent report The most recent well 12 is a possible game changer Investing to increase production…
Shelton Petroleums licenses in Russia Rustamovskoye Aysky Suyanovskoye Pipeline 10
The latest 12 well is a possible game changer New findings Higher initial production than previous wells Significantly higher net pay Extension of the known oil column Positive implications Improved well economics and field value…
Oil on a significantly larger area in the new report TRACS 2014 TRACS 2009 12
Increase in oil reserves Russia in million barrels TRACS Report September 2009 50 TRACS Report October 2014 45 41 40 35 30 25 23 20 15 10 7 6 5 1 1 0 1P 2P 3P 13
Value of oil reserves in USD million at NPV 10% 300 284 TRACS Report September 2009 250 TRACS Report October 2014 200 171 150 100 63 50 50 9 17 0 1P 2P 3P 14
Youve got a real oil field Peak production over 7,000 barrels per day 15
Seismic program on neighboring Suyanovskoye Three structures and 47 million barrels of oil resources Matavlinskaya Orlinskaya Yanbayskaya
Why invest in Shelton Petroleum Attractive risk-reward Proven oil fields and profitable oil production Healthy profit at current production level Significant upgrade in reserves and resources has operational and financial benefits…
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