Atlantic Petroleum P/F: Atlantic Petroleum – Condensed consolidated interim report

Tórshavn, Faroe Islands, 2024-11-29(GLOBE NEWSWIRE) — P/F Atlantic Petroleum (NASDAQ Copenhagen: ATLA DKK) today releases its 3^rd quarter 2024 results. This announcement should be read in conjunction with Atlantic Petroleum’s condensed consolidated interim report, which is issued separately and posted on the company’s website.

Third Quarter 2024 Highlights:

The cost of general and administrative expenses was DKK 1.7 million
Operating profit was DKK 2.1 million
The net loss was 0.8 MM DKK
Net assets/equity was DKK -115.3 million
Bank debt amounted to DKK 59.4 million

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 United Kingdom. Atlantic Petroleum shares are listed on the NASDAQ OMX Copenhagen.

More details:

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

Announcement number: 7/2024

Published: 29-11-2024

P/F Atlantic Petroleum
Lucas Debesargota 8
PO Box 1228
FO-110 Torshavn
Faroe Islands

Website: www.petroleum.fo