Upon publication at 10: 53 of Selena Oil & Gas Holding AB year-end report, an incorrect comment on the year-end report was published. The correct text can be found below, with the full year-end report enclosed. Year-end Report 2014 and Q4 2014 Selena Oil & Gas Holding AB makes progress and is aiming to expand its production In 2014 Selena Oil & Gas operational performance has shown a good progress. The acquisition of two wells 21 and 24 at Fedortsevskoye Oil field has been completed. Furthermore, the Company commissioned regular production from well 21 in September and from well 24 in October. After the commissioning for regular production, the combined output has been around 15 tons or 100 bbl per day from both wells. In total 8 300 bbl were produced in 2014. With respect to further development, Selena Oil & Gas is pleased to announce a receipt of an offer from LUKOil to acquire additional wells on its oilfields Fedortsevskoye, Komarihinskoye and Kulighinskoye. At least five more wells are made available on sound economic terms. Should the Company secure adequate financing, these wells together represent potential to raise the Company´s production from present level of 100 bopd by 400-450 bopd and reach above 500 bopd. The management is involved in discussions with financial intermediaries in Stockholm with an objective of securing adequate financing. Since May 2014, many shareholders have inquired for precise information on timeframe and on strategy for the re-listing of Selena Oil & Gas Holding AB (Publ.). The principal reason for delay in executing the strategy for re-listing is ongoing legal disputes at Stockholm’s Tingsrätt. The settlement of disputes would make it possible for the Company to start a listing process and to apply for re-listing of its shares at an attractive public exchange. 12M 2014 EBITDA amounted to a loss of -4,977 TSEK (12M 2013: loss of -9,088 TSEK) including a write down of -3,437 TSEK. Net Result was a loss of -8,137 TSEK (12M 2013: a loss of -15,696 TSEK), including a net finance loss of -2,963 TSEK. 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.
Correcting of the press release for publication of Year-end
Top 10 Most Recent News Articles
CourseArc Partners with Colleges for ADA Compliance
CourseArc's Landmark Deal with Public Colleges Well, slap me silly and call me a believer—looks like CourseArc just locked down a heck of a gig with a public college system that's head-over-heels squirming to meet shiny new accessibility demands. Nearly 200,000 learners are waiting at their gates, and this agreement is the lifeline for colleges to not only stay afloat...
Continue Reading
Kat Florence Hotels Offers Unique $20K Wine Tastings
Luxury Retreat Offering Free Rare Wine Tastings The world of high-end hospitality just got a bit more intoxicating, literally. As of October 20, guests at the Elora luxury retreat, part of the Kat Florence Hotels portfolio, can indulge in some of the most coveted wines on the planet—gratis. That's right, wine aficionados can thank Kat Florence's latest extravagant...
Continue Reading
Sun Pharma's UNLOXCYT Gains NCCN Category 2A Nod
UNLOXCYT: A New Player in Cancer Treatment Well, here's a notch up for Sun Pharma. Their UNLOXCYT® (cosibelimab-ipdl) just got a Category 2A Preferred Designation from the NCCN for locally advanced cutaneous squamous cell carcinoma (laCSCC) patients who can't opt for surgery or radiation. And if you know anything about cancer treatment guidelines, you know that's a big...
Continue Reading
JELD-WEN Schedules Q3 2026 Earnings Call Amid Global Reach
Looking Ahead: JELD-WEN's Q3 Results Exploration Alright folks, buckle up. JELD-WEN Holding, Inc., the name any DIY'er worth their salt recognizes for doors and windows, has set the stage for unveiling its third quarter 2026 performance. They've earmarked November 3 post-market for us to comb through the numbers, and they're wasting no time by getting on a conference call...
Continue Reading
Sun Home Saunas Earns Top Workplace Honors in Retail
In an age where corporate values often seem like lip service, Sun Home Saunas is showing the world what truly being a great place to work means—and they're getting recognized for it. Fortune has placed the sauna and cold plunge company at No. 17 on its 2026 Best Workplaces in Retail list. This ain't just fluff. We're talking about real employees, 100% of them, touting...
Continue Reading
University of Phoenix Lowers Costs for Transfer Students
The Pocket-Saving Game of Transfer Credits Here's the buzz: the University of Phoenix is putting some serious coin back into students' pockets through transfer credits. We're looking at more than $12,010 in savings per student, thanks to these policies, which is no chump change by any stretch. As over 900,000 credits were tossed into the pot, the savings side of education...
Continue Reading
Freight Rebound Sparks Strategic M&A Opportunities
Is the Freight Recovery Here to Stay? Just when you thought trucking might have run out of gas, we're hitting a sharp turn back into growth town. For those of you dropping equity crumbs every which way but loose in the last few years, this freight lull has been brutal—like the hangover from hell. But Brown Gibbons Lang & Company’s fresh report now hints at a brighter...
Continue Reading
Primoris Faces Allegations Over Misleading Project Costs
Primoris in the Legal Crosshairs Here's something that's bound to rile up any investor keeping tabs on NYSE: PRIM like it's their personal stock ticker. Apparently, Primoris Services Corporation has found itself neck-deep in some murky waters. This time, it's law firm Moore Law PLLC that's raising the alarm bells, calling on shareholders to step into the legal ring....
Continue Reading
Trive Cashes Out on EarthLink, New Era with Family Offices
EarthLink's Changing Hands: What's the Real Deal? I tell you, the tech industry's like a game of hot potato, and right now, EarthLink's the spud getting tossed around. Trive Capital, the private equity force from Dallas, just wrapped up handing EarthLink over to a family office squad. That's WaveDivision Capital, The Pritzker Organization, and Stephens Capital Partners...
Continue Reading
Florida Poly's Astro: First Flying Police Vehicle Takes Off
Flying Into A New Era of Campus Safety Hold onto your hats, folks, because we're catapulting straight into the future. Florida Polytechnic University just rolled out something straight from sci-fi flicks—a flying police car. Yep, you heard right. They've dubbed it 'Astro,' after that lovable pooch from the Jetsons. Pioneering Advanced Air Mobility The Florida...
Continue ReadingTop 5 Most Recently Viewed Articles
Transform Your Investment Strategy with Canadian Natural Res
Understanding the Growth of Canadian Natural Resources Over the past five years, Canadian Natural Resources Limited (NYSE: CNQ) has demonstrated incredible growth potential, surpassing market returns by an impressive 10.3% annually. This equates to an average annual return of 24.46%, highlighting the company's strong performance amidst market fluctuations. With a market...
Continue Reading
Medpace Holdings Sees Impressive Surge in Stock Value
Medpace Holdings Experiences Stock Surge Shares of Medpace Holdings, Inc. (NASDAQ: MEDP) have seen a substantial increase of approximately 44.7%, reaching a price of $445.00 in pre-market trading. This impressive rise comes in the wake of strong financial results reported for the second quarter, which have undeniably stirred up excitement among investors. Financial...
Continue Reading
BCP's Covered Bonds: Morningstar DBRS Rating Termination Update
Introduction to Banco Comercial Português and Its Bonds Banco Comercial Português, S.A. (Euronext Lisbon: BCP) has recently announced a significant development regarding its Covered Bonds. The news pertains to the termination of a rating assignment previously provided by Morningstar DBRS. Ratings are crucial in assessing the credibility and reliability of financial...
Continue Reading
Cerence AI Expands Leadership Team with Key Stock Grants
Cerence AI Expands Leadership Team with Key Stock Grants Introduction to Cerence AI Cerence Inc. (NASDAQ: CRNC), based in Burlington, Massachusetts, stands out as a pioneering force in artificial intelligence tailored for the transportation sector. This innovative company focuses on delivering intuitive, AI-driven experiences that seamlessly integrate into vehicles,...
Continue Reading
Understanding Market Dynamics Surrounding Bristol-Myers Squibb
Market Sentiment and Bristol-Myers Squibb Co Bristol-Myers Squibb Co (NYSE:BMY) has recently seen a notable increase in its short interest, climbing by 6.04% according to the latest data from exchanges. Presently, about 32.07 million shares are short-sold, representing 1.58% of its available trading shares. This situation poses the question of how long it might take...
Continue Reading