Analyst Research

Report Title Price
Provider: Reuters Investment Profile
Provider: Wright Reports
Provider: GlobalData
Provider: GlobalData

NYSE and AMEX quotes delayed by at least 20 minutes. NASDAQ delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

Shelton Petroleum AB Divests Holding in Pan European Terminals

Thursday, 25 Apr 2013 02:50am EDT 

Shelton Petroleum AB announced that in order to continue the development of Shelton Petroleum’s license portfolio, the Company has divested all of its shares in Pan European Terminals, an AIM-listed company. The divestment strengthens the Company’s cash position by approximately SEK 27 million. The book value of Pan European Terminals was approximately SEK 24 million at December 31, 2012. Shelton Petroleum has divested all of its shares in Pan European Terminals. Shelton Petroleum’s 13,177,368 shares were sold at a price of 21 pence per share, which is a premium of approximately 10% compared to the market price at the time of the transaction. 

Company Quote

1.95 +19.70%
11:29am EST