Selena Oil & Gas Holding AB is an independent up-stream oil company with brown field assets in the Perm Region in Russia.
The Company holds assets with estimated 1P reserves of 9.2 Million boe and with 2P reserves of 18.2 Million boe. Selena Oil & Gas is in a phase of developing production from its assets. The Company has started production of oil from Well 24 located at Fedortsevskoye Oil field in May 2014.
Next step is expanding production through two additional wells from Fedortsevskoye Oil field, during the second half of 2014.