Year-end Report on 12 months 2014 and on the Fourth Quarter

New Post Public Reply Private Reply Replies (0) Message Board
News Desk 2018
Year-end Report on 12 months 2014 and on the Fourth Quarter 2014

Selena Oil & Gas Holding AB makes progress and is aiming to expand production As reported previously, the Group’s subsidiary OOO Praim signed an agreement to buy out the existing well Nr 24 on Fedortsovskoye field for a consideration of 576 TUSD on 12 September 2013 and successfully defended its project in local natural resource authority Permnedra obtaining test production from wells Nr 21 and Nr 24 in Q3 2013. In Q4 2013 the transaction for well acquisition was completed. The Company has built the basic access roads to the Fedortsevskoye field and started construction of the oil production terminal on the Fedortsevskoye field to prepare the field for the production. Furthermore, land leases for the necessary land plots were signed. To start the production from Fedortsevskoye field the Group needs to finalize the well restoration and activation. 12M 2013 EBITDA loss amounted to 9,088 TSEK (12M 2012: 2,586 TSEK) and net result was a loss of 20,579 TSEK (12M 2012: a loss of 9,976 TSEK) including net finance expenses of 8,300 TSEK. As reported earlier, the Company has also recognized an impairment loss of 232.7 TSEK related to its investment into OOO Selena-Perm in stand alone Parent company accounts of Selena Oil & Gas Holding AB (publ). The recognized impairment loss has no impact on consolidated financial results for 12 months period ended 31 December 2013. 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. Mangold Fondkommission serves as before as the company´s Adviser on public information.  

Scroll down for more posts ▼

Top 10 Most Recent News Articles

TORRAS Stands Tall with iPhone 18 Pro Cases

Updated Category News Views 239

TORRAS Shines in Magnetic Stand Case Evaluation In the whirlwind of smartphone accessories, where the battle lines are drawn between protection and functionality, TORRAS has emerged victorious with its magnetic stand cases for the iPhone 18 Pro and its beefier brother, the iPhone 18 Pro Max. Expert Consumers—a trusted name in product evaluations—has given TORRAS the...

Continue Reading
Survivors Secure $800M Settlement with NY Archdiocese

Updated Category News Views 178

Massive Settlement: A Long-Awaited Justice Here's a different kind of news that's hitting like a thunderbolt. Over 1,300 survivors of abuse have finally struck a landmark deal with the Archdiocese of New York. Not only are the numbers staggering, but the relief for these individuals is palpable. We're talking about more than $800 million on the table here. That's some...

Continue Reading
Johnson & Johnson's JNJ-6143 Shines in Prostate Cancer Study

Updated Category News Views 55

Prostate Cancer's Persistent Challenge No one in the healthcare game needs the reminder: prostate cancer is no walk in the park, especially for those grappling with advanced stages. Now picture this—you're on your sixth treatment, and the cloud is not lifting. It's a battle that never ends, with traditional therapies sometimes barely holding the line. JNJ-6143's New...

Continue Reading
DIRECTV Bags New NHL Deals: Stakes for Sports Fans

Updated Category News Views 229

NHL Fans, Strap in: DIRECTV Expands Its Lineup In a world where keeping up with your favorite team gets tougher each day, DIRECTV just lobbed a puck right into the net with their latest play. They've snagged a multi-year deal with the NHL for the Carolina Hurricanes, Columbus Blue Jackets, Minnesota Wild, and St. Louis Blues networks. It's a game changer, folks. If you...

Continue Reading
Taiwan Fuses Ancient TCM with Modern Bio Tech in 2026

Updated Category News Views 170

The Dynamic Fusion of Heritage and Innovation When you think about it, mixing centuries-old herbal wisdom with today's cutting-edge biotech might sound like a plot twist, but that's exactly what's cooking in Taiwan. Over at SupplySide Global 2026 in Las Vegas, Taiwan's got something more than just traditional medicine to flaunt; it's showcasing an impressive fusion of...

Continue Reading
Darden Faces Class Action Over Reimbursement Failures

Updated Category News Views 239

Class Action Puts Darden Restaurants in Legal Hot Seat Darden Restaurants, Inc. is staring down the barrel of a lawsuit that's as fiery as a grill on a Saturday night rush. The legal cavalry from Blumenthal Nordrehaug Bhowmik De Blouw LLP has stormed in with a class action complaint, aiming dead center at Darden for allegedly breaching the California Labor Code. In plain...

Continue Reading
CapCut's AI Tools Reshape Video Content Creation

Updated Category News Views 143

AI Revolution in Marketing Content: CapCut Takes Lead It's like the old guard of marketing has hitched a ride on a rocket. In 2026, CapCut has stomped into the limelight with Better Business Advice giving them a nod for their prowess in AI-driven content creation. This isn't some passing trend; it's a seismic shift in how businesses craft their messages. CapCut ain't just...

Continue Reading
Master Sommeliers and Italian Producers Clash on Wine Lists

Updated Category News Views 166

Wines Jockeying for New York’s Coveted Lists Alright, picture a stage set up in New York City like an arena. But instead of gladiators, you've got master sommeliers on one side and Italian wine producers on the other, each armed with their own arguments. They're locked in a battle over what it really takes to get a bottle imbedded on a New York City's prestigious wine...

Continue Reading
Apalutamide Boosts Outlook for Prostate Cancer Treatment

Updated Category News Views 81

Fresh Findings on High-Risk Prostate Cancer Treatments In an industry that often feels like a game of chess, Johnson & Johnson's recent news unveils another one of their strategic moves with the announcement of breakthrough results from their Phase 3 PROTEUS substudy. Turns out, ERLEADA®, their apalutamide treatment, isn't just another pawn; it's a potential...

Continue Reading
Axon Body 5: A Leap Forward in AI for Public Safety

Updated Category News Views 284

Axon Raises the Stakes with Body 5 Camera Boy, oh boy, Axon's dropped a bombshell with the Body 5. We're talking a colossal leap into the AI era for public safety, and if you're in the biz, you can't just shrug this one off. We're looking at 25 times the AI processing power compared to Axon's old units. That's right, I said twenty-five. Real-time situational awareness in...

Continue Reading

Top 5 Most Recently Viewed Articles

Skyline Builders Group Secures $23.9 Million Funding for Growth

Updated Category News Views 271

Skyline Builders Group Holding Limited's Latest Private Placement Skyline Builders Group Holding Limited (NASDAQ: SKBL), a prominent civil engineering services provider in Hong Kong, has made headlines recently with its announcement of a significant funding initiative. The company is moving forward with a private placement that aims to raise an impressive $23.9 million....

Continue Reading
Target Hospitality's Q1 Results Highlight Strategic Growth Path

Updated Category News Views 124

Target Hospitality Delivers Impressive First Quarter Results Target Hospitality Corp. (NASDAQ: TH), a leading provider of integrated modular accommodations and hospitality services, has showcased its resilience and strategic growth during the first quarter. The company announced substantial results for its operations that concluded on March 31, 2025, marked by a keen...

Continue Reading
Why Estero, FL Is the New Hotspot for Relocation

Updated Category News Views 6

Escaping the Cold: A Migration to Estero It seems Estero, FL is becoming the new darling for those tired of shoveling snow. Marty Pecoraro from MP Realty Group spills the beans on why this sunny spot is pulling in folks from all corners. The Draw of a Warmer Lifestyle Forget just chasing sunshine. The trend of moving to Estero isn't about lounging in the sun like a...

Continue Reading
Pega's Global Expansion of Developer Training for Future Pros

Updated Category News Views 53

Pegasystems Inc (NASDAQ: PEGA) kicked off a major expansion of its Pega University Program, trying to tackle the escalating demand for software developers. This initiative had already shown promise in India and aimed to spread across North America, Europe, and Asia Pacific. Back then, the industry was choking on a talent shortage that had firms scrambling; projections...

Continue Reading
Pony AI's Robotaxi Service Revolutionizes Urban Transportation

Updated Category News Views 262

Introduction to Pony AI's Innovative Robotaxi Services Pony AI Inc. (“Pony.ai” or the “Company”) (NASDAQ: PONY), renowned for its pioneering solutions in autonomous mobility, has marked a new chapter in urban transportation. The introduction of paid robotaxi services in the heart of Guangzhou is a groundbreaking move, connecting residents and travelers to major...

Continue Reading