Tórshavn, Faroe Islands, 2022-11-30 (GLOBE NEWSWIRE) — P/F Atlantic Petroleum (NASDAQ Copenhagen: ATLA DKK) today posts its 3rd quarter results for 2022. 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 Q3 2022:
G&A cost was DKK 1.2MM
Operating profit was DKK 19.4MM
Net profit was DKK 7.6MM
Net assets/share-holders equity was DKK -91.2MM
Bank debt was DKK 59.4MM
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 can be obtained from Mark T. Højgaard, (email@example.com). This announcement will be available, together with other information about Atlantic Petroleum, on the Company’s website: www.petroleum.fo.
Announcement no.: 6/2022
P/F Atlantic Petroleum
Lucas Debesargøta 8