Change in number of shares and votes


In December 2012 the number of A and B shares in Shelton Petroleum AB changed
due to a conversion of 10,000 A shares to 10,000 B shares upon the request of a
shareholder. After the conversion, the number of A shares amounts to 170,580
and the number of B shares amounts to 10,470,008. The total number of votes
amounts to 12,175,808. This announcement is made following the registration of
the conversion at the Swedish Companies Registration Office.

 


For more information, please contact:

Robert Karlsson, CEO, Shelton Petroleum, tel +46 709 565 141

robert.karlsson@sheltonpetroleum.com

www.sheltonpetroleum.com

 

About Shelton Petroleum

Shelton Petroleum is a Swedish company focused on exploring and developing
concessions in Russia and the resource-rich basins of Ukraine. The company
holds three licenses in the Volga-Urals area and has commenced production on
the Rustamovskoye field after a successful exploration program. In Ukraine,
Shelton Petroleum’s wholly owned subsidiary has a joint venture with Ukrnafta
and Chornomornaftogaz, two leading Ukrainian oil and gas companies. Shelton
Petroleum is pursuing an integrated business model and holds an equity stake in
Pan European Terminals PLC. The Shelton Petroleum share is traded on NASDAQ OMX
Stockholm under the under the symbol SHEL B.

The information provided herein is such that Shelton Petroleum AB is obligated
to disclose it pursuant to the Securities Markets Act and/or the Financial
Instruments Trading Act. The information was submitted for publication at 8:30
on 28 December 2012.

Attachments

PR121228___Change_in_number_of_shares_and_votes_ENG_fb9d0.pdf