Shelton Petroleum AB (publ) announced unaudited consolidated earnings and operating results for the second quarter and first half ended June 30, 2015. For the quarter, the company reported oil production was 68,870 barrels against 81,677 barrels a year ago. Oil production was 757 barrels per day against 898 barrels per day a year ago.

For the six months, the company reported oil production was 140,630 barrels against 166,437 barrels a year ago. Oil production was 777 barrels per day against 920 barrels per day a year ago.

For the quarter, the consolidated company reported total revenue was SEK 23,022,000 against SEK 31,809,000 a year ago. Operating result was SEK 3,550,000 against SEK 5,619,000 a year ago. Result before tax was SEK 3,361,000 against SEK 5,647,000 a year ago. Result for the period was SEK 2,766,000 against SEK 3,616,000 a year ago. Loss per share after dilution was SEK 0.15 against SEK 0.23 a year ago. Cash flow from operating activities was SEK 2,314,000 against SEK 4,513,000 a year ago. Investment in oil and gas assets was SEK 2,348,000 against SEK 1,014,000 a year ago. Investment in exploration and evaluation assets was SEK 748,000 against SEK 5,183,000 a year ago.

For the six months, the consolidated company reported total revenue was SEK 42,430,000 against SEK 63,337,000 a year ago. Operating result was SEK 4,839,000 against SEK 14,614,000 a year ago. Result before tax was SEK 4,925,000 against SEK 14,587,000 a year ago. Result for the period was SEK 3,493,000 against SEK 10,815,000 a year ago. Loss per share after dilution was SEK 0.19 against SEK 0.70 a year ago. Cash flow from operating activities was SEK 5,359,000 against SEK 9,648,000 a year ago. Investment in oil and gas assets was SEK 4,476,000 against SEK 5,233,000 a year ago. Investment in exploration and evaluation assets was SEK 2,524,000 against SEK 9,136,000 a year ago.

For the quarter, the parent company reported total revenue was SEK 135,000 against SEK 135,000 a year ago. Operating loss was SEK 2,017,000 against SEK 8,113,000 a year ago. Loss before tax was SEK 979,000 against SEK 31,140,000 a year ago. Loss for the period was SEK 979,000 against SEK 31,110,000 a year ago.

For the six months, the parent company reported total revenue was SEK 270,000 against SEK 308,000 a year ago. Operating loss was SEK 4,061,000 against SEK 11,024,000 a year ago. Result before tax was SEK 990,000 against loss of SEK 23,812,000 a year ago. Result for the period was SEK 990,000 against loss of SEK 23,753,000 a year ago.