AI assistant

Sign in to chat with this filing

The assistant answers questions, extracts KPIs, and summarises risk factors directly from the filing text.

Sign up Log in

Quarterly Report 2021

Dec 7, 2021

8209_rns_2021-12-07_1bb38126-94cb-46ef-b168-2e6ced47a384.pdf

Interim / Quarterly Report

Open in viewer

Opens in your device viewer

ATLANTIC PETROLEUM

Atlantic Petroleum – Condensed Consolidated Interim Report – 3rd Quarter 2021

Tórshavn, Faroe Islands, 2021-11-30 (GLOBE NEWSWIRE) -- P/F Atlantic Petroleum (NASDAQ Copenhagen: ATLA DKK) today posts its 3rd quarter results for 2021. This announcement should be read in conjunction with Atlantic Petroleum’s Condensed Consolidated Interim Report, which is released separately and posted on the Company’s website..

Highlights for the first 9 months in 2021:

G&A cost was DKK 1.2MM
Operating profit was DKK 9.4MM
Net profit was DKK 4.7MM
Net assets/share-holders equity was DKK -95.4MM
Bank debt was DKK 59.6MM

Atlantic Petroleum in brief:

Atlantic Petroleum participates in oil and gas joint ventures with reputable, international partners. Atlantic Petroleum P/F is based in Tórshavn, Faroe Islands, and the Company currently has subsidiaries and offices in the UK. Atlantic Petroleum’s shares are listed on NASDAQ OMX Copenhagen.

Further Details:

Further details can be obtained from Mark T. Højgaard, ([email protected]). This announcement will be available, together with other information about Atlantic Petroleum, on the Company’s website: www.petroleum.fo.

Announcement no.: 7/2021