Petrogrand AB 0.45 SEK 0.027
BRENT 49.23 USD 0.05
The Annual General Meeting (“AGM”) in Petrogrand AB that was scheduled to be held 18 May 2016 will be postponed. The new date will be announced in the near future. The AGM notice will be published at latest 4 weeks prior to the date of the meeting.
The Annual Report for 2015 was scheduled for release 26 April 2016. The release date will be postponed.
Distribution of shares in Shelton Petroleum AB
The Swedish tax agency (Sw. Skatteverket) has determined the aquisition cost of shares concerning the distribution of shares in Petrosibir AB (former Shelton Petroleum AB). More information is available (in Swedish) on Skatteverket’s website, which you can reach by this link.
Welcome to Petrogrand
Petrogrand’s predominant business concept is the operation of oil production through the acquisition of Russian oil companies and oil licences. This concept is also intended to include the management and refining of Russian oil assets and, when circumstances are deemed to be favourable, the sale of assets and licences which have been developed and improved.
Work on identifying projects for possible investments in target companies or licences is done in collaboration with our network of Russian contacts, such as investment banks and government organisations.
The objective is to become one of Sweden’s leading oil companies in the Russian market by means of investments in the Russian oil sector.