Selena Oil & Gas Holding AB (Publ) First half year Report and Q2 Report 2015


* The total production of crude oil in Q2 2015 amounted to 5000 bbl (Q2
  2014: none)
* Q2 2015 EBITDA amounted to a loss of -1,132 TSEK (Q2 2014: loss of
  -1,869 TSEK)
* Operating profit amounted to a loss of -1,187 TSEK in Q2 2015 (Q2
  2014: loss of -1,711 TSEK)
* Q2 2015 Net Result was a loss of -1,261 TSEK (Q2 2014: a loss of -964
  TSEK), including a net finance loss of -217 TSEK


During second quarter 2015, the Company has acquired and reopened well
57 on Koyliginskoye Oil field. Preliminary test indicates that well 57
has a potential production capacity in excess of 15 metric tons per day,
which corresponds to approx 100 bbl per day, and the well is scheduled
for test production during the third quarter 2015.  

 

For full financial report, please see attachment. The report will also
be 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 August
28th, 2015 at 16:30.

Attachments

Quarterly_Report_H1_2015_FINAL_9df34.pdf PressRelease_H1Report_ENG_150828_869cf.pdf