PetroNor E&P ASA
ISIN: NO0011157232 | Ticker: PNOR | LEI: 984500AEEH2D2AK42C11
Country: Norway
PetroNor E&P, listed on Oslo Børs (PNOR), is an independent oil and gas exploration and production company led by an experienced Board and management team, with substantial experience in oil and gas exploration, appraisal, development and production.
We are an independent oil and gas exploration and production company with multiple licences in countries offshore West Africa (Republic of Congo, The Gambia, Guinea-Bissau, Senegal and Nigeria).
PetroNor E&P is present in West Africa with 2P reserves of 20.2 MMbbls and an average production of 3,850 bopd.
The Company holds, through its subsidiary, 2P reserves of 20.2 MMbbls and a production averaging around 3,850 bopd as of year end 2020. In addition, PetroNor E&P holds a portfolio of exploration licences in Guinea-Bissau, The Gambia and Senegal with net unrisked prospective resources of approximately 4 billion barrels of oil.
2017
Served areaEurope + Africa
HeadquartersFrøyas gate 13, 0273 Oslo – Norway
| Line item in (usd) | 01.01.2021 | 01.01.2022 | 01.01.2023 |
|---|---|---|---|
| Assets | N/A | 125,252,000.00 | 184,467,000.00 |
| Noncurrent Assets | N/A | 73,450,000.00 | 139,656,000.00 |
| Property Plant And Equipment | N/A | 39,397,000.00 | 67,479,000.00 |
| Other Noncurrent Receivables | N/A | 26,837,000.00 | 29,432,000.00 |
| Current Assets | N/A | 51,802,000.00 | 44,811,000.00 |
| Inventories | N/A | 6,227,000.00 | 18,824,000.00 |
| Trade And Other Current Receivables | N/A | 13,820,000.00 | 1,171,000.00 |
| Cash and cash equivalents | 14,113,000.00 | 31,755,000.00 | 24,816,000.00 |
| Equity | 22,296,000.00 | 65,817,000.00 | 109,925,000.00 |
| Issued Capital | N/A | 62,115,000.00 | 72,115,000.00 |
| Retained Earnings | N/A | -1,390,000.00 | 25,497,000.00 |
| Equity Attributable To Owners Of Parent | N/A | 59,304,000.00 | 97,609,000.00 |
| Noncontrolling Interests | N/A | 6,513,000.00 | 12,316,000.00 |
| Liabilities | N/A | 59,435,000.00 | 74,542,000.00 |
| Noncurrent Liabilities | N/A | 16,302,000.00 | 48,112,000.00 |
| Noncurrent Provisions | N/A | 16,302,000.00 | 24,563,000.00 |
| Other Noncurrent Payables | N/A | 0.00 | 8,738,000.00 |
| Deferred Tax Liabilities | N/A | 0.00 | 9,031,000.00 |
| Longterm Borrowings | N/A | 0.00 | 5,500,000.00 |
| Current Liabilities | N/A | 43,133,000.00 | 26,430,000.00 |
| Trade And Other Current Payables | N/A | 29,996,000.00 | 20,751,000.00 |
| Line item in (usd) | 01.01.2021/ 01.01.2022 |
01.01.2022/ 01.01.2023 |
|---|---|---|
| Revenue | 106,463,000.00 | 146,066,000.00 |
| Profit Loss From Operating Activities | 57,343,000.00 | 87,108,000.00 |
| Finance Costs | 3,041,000.00 | 3,322,000.00 |
| Profit Loss Before Tax | 54,246,000.00 | 81,854,000.00 |
| Income Tax Expense Continuing Operations | 33,102,000.00 | 47,579,000.00 |
| Profit (loss) | 21,144,000.00 | 34,275,000.00 |
| Profit Loss Attributable To Owners Of Parent | 12,314,000.00 | 26,887,000.00 |
| Profit Loss Attributable To Noncontrolling Interests | 8,830,000.00 | 7,388,000.00 |
| Line item in (usd) | 01.01.2021 | 01.01.2022 | 01.01.2023 |
|---|---|---|---|
| Profit (loss) | N/A | 21,144,000.00 | 34,275,000.00 |
| Adjustments For Finance Costs | N/A | 2,038,000.00 | 2,444,000.00 |
| Adjustments For Decrease Increase In Inventories | N/A | -2,649,000.00 | -10,078,000.00 |
| Adjustments For Depreciation And Amortisation Expense | N/A | 4,422,000.00 | 9,152,000.00 |
| Adjustments For Provisions | N/A | 0.00 | 3,652,000.00 |
| Adjustments For Unrealised Foreign Exchange Losses Gains | N/A | -364,000.00 | 1,418,000.00 |
| Cash Flows From Used In Operations | N/A | 52,975,000.00 | 85,072,000.00 |
| Cash Flows From Used In Operating Activities | N/A | 19,873,000.00 | 37,493,000.00 |
| Purchase Of Property Plant And Equipment Classified As Investing Activities | N/A | 19,759,000.00 | 35,756,000.00 |
| Purchase Of Intangible Assets Classified As Investing Activities | N/A | 814,000.00 | 2,353,000.00 |
| Cash Flows From Used In Investing Activities | N/A | -20,573,000.00 | -38,109,000.00 |
| Proceeds From Borrowings Classified As Financing Activities | N/A | 0.00 | 11,000,000.00 |
| Repayments Of Borrowings Classified As Financing Activities | N/A | 5,833,000.00 | 13,079,000.00 |
| Cash Flows From Used In Financing Activities | N/A | 18,342,000.00 | -6,323,000.00 |
| Increase (decrease) in cash and cash equivalents after effect of exchange rate changes | N/A | 17,642,000.00 | -6,939,000.00 |
| Cash and cash equivalents | 14,113,000.00 | 31,755,000.00 | 24,816,000.00 |
Please note that some sums might not add up.
NO0011157232
LEI984500AEEH2D2AK42C11
SectorOil & Gas Exploration & Production
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