ATLA DKK Atlantic Petroleum P/F

Atlantic Petroleum – Condensed Consolidated Interim Report – 2nd Quarter 2024

Atlantic Petroleum – Condensed Consolidated Interim Report – 2nd Quarter 2024

Tórshavn, Faroe Islands, 2024-08-30 (GLOBE NEWSWIRE) -- P/F Atlantic Petroleum (NASDAQ Copenhagen: ATLA DKK) today posts its 2nd quarter results for 2024. 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 Q2 2024:

G&A cost was DKK 1.4MM

Operating profit was DKK 4.3MM

Net profit was DKK 2.5MM

Net assets/share-holders equity was DKK -112.5MM

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:

Further details can be obtained from Mark T. Højgaard, (). This announcement will be available, together with other information about Atlantic Petroleum, on the Company's website:

Announcement no.: 6/2024

Issued: 30-08-2024

P/F Atlantic Petroleum

Lucas Debesargøta 8

P.O.Box 1228

FO-110 Torshavn

Faroe Islands

Website:

Attachment



EN
30/08/2024

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Atlantic Petroleum P/F

 PRESS RELEASE

Atlantic Petroleum Posts Net Profit of DKK 1,4MM for 2024

Atlantic Petroleum Posts Net Profit of DKK 1,4MM for 2024 Tórshavn, Faroe Islands, 2025-04-30 (GLOBE NEWSWIRE) -- P/F Atlantic Petroleum (NASDAQ OMX: ATLA DKK) today announces its Annual Results for 2024. This company announcement should be read in conjunction with Atlantic Petroleum’s Consolidated Annual Report Highlights are: The result after tax for 2024 was a net profit of DKK 1.4MM (2023: loss of DKK 20.7MM).The Group had a gross profit of DKK 0MM in 2024 (2023: Gross profit of DKK 0MM).Exploration expenses amounted to DKK 0.0MM in 2024 (2023: DKK 0.0MM).General and administration co...

 PRESS RELEASE

Summons for the Annual General Meeting of P/F Atlantic Petroleum

Summons for the Annual General Meeting of P/F Atlantic Petroleum Summons for the Annual General Meeting of P/F Atlantic Petroleum The Annual General Meeting of P/F Atlantic Petroleum is hereby called. The meeting will be held at the premises of Advokatfelagið, Lucas Debesargøta 8, 100 Tórshavn, Faroe Islands. on Friday 23rd May 2025 at 15:00 (Faroese time)  with the following agenda: 1.   Election of Chairman of the Meeting. 2.   The Board of Directors’ statement of the Company’s activity during the previous accounting year. 3.   Presentation of audited Annual Accounts for approval. ...

 PRESS RELEASE

Atlantic Petroleum – Update on Debt

Atlantic Petroleum – Update on Debt Tórshavn, Faroe Islands, 2025-04-04 (GLOBE NEWSWIRE) -- P/F Atlantic Petroleum (NASDAQ OMX: ATLA DKK) provides update on debt situation. Referring to the press release issued 31st March 2025 concerning debt negotiations, Atlantic Petroleum has come to a framework agreement with its main creditors whereby the total debt will be reduced by more than DKK 90 million. The debt reduction is subject to final agreements to be finalized. Part of the debt settlement includes London Oil and Gas (in administration) converting part of its debt to shares in Atlantic ...

 PRESS RELEASE

Atlantic Petroleum -Financial Calendar 2025 update – new date for Annu...

Atlantic Petroleum -Financial Calendar 2025 update – new date for Annual report and AGM Tórshavn, Faroe Islands, 2025-03-31 (GLOBE NEWSWIRE) -- P/F Atlantic Petroleum (NASDAQ OMX: ATLA DKK) hereby announces an update to the financial calendar for 2025: Referring to press release released earlier today. The annual accounts for 2024 which in the financial calendar were scheduled to be issued on 31st March 2025 are now, pending a debt solution, scheduled to be issued 30th April 2025 The Annual General Metting which in the financial calendar was scheduled to be held on 30th April 2025 is now...

 PRESS RELEASE

Atlantic Petroleum provides update on debt situation

Atlantic Petroleum provides update on debt situation Tórshavn, Faroe Islands, 2025-03-31 (GLOBE NEWSWIRE) -- P/F Atlantic Petroleum (NASDAQ OMX: ATLA DKK) provides update on debt situation. Referring to the press release issued 30/12-2024 concerning debt negotiations, Atlantic Petroleum has not been able to come to an agreement with its main creditors. Negotiations are in the final stages, but it is not certain that an acceptable solution will be achieved within the timeframe available. If no debt solution is achieved, the Group is unable to continue as a going concern. A final update on...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch