Tórshavn, Faroe Islands, 2016-01-06 12:04 CET (GLOBE NEWSWIRE) -- P/F Atlantic Petroleum (NASDAQ OMX COPENHAGEN: ATLA DKK & Oslo Stock Exchange: ATLA NOK) today announces that during the month of December, Atlantic Petroleum produced a net total of 25,000 barrels of oil equivalents (boe) from the Chestnut field. The average daily production was 806 boe per day net to the Company. Production in December is lower than previous months and reflects the earlier announced decision to go into default on the Ettrick and Blackbird fields. Atlantic Petroleum is preparing an offer to exit the Ettrick and Blackbird fields
Atlantic Petroleum produced in total approximately 471,000 boe in 2015 .
Atlantic Petroleum in brief:
Atlantic Petroleum is a full cycle exploration and production (E&P) Group focused on North West Europe. Atlantic Petroleum participates in joint ventures with 30 reputable, international partners. Atlantic Petroleum P/F is based in Tórshavn, Faroe Islands, and the Company has subsidiaries and offices in London, UK and Bergen, Norway. Atlantic Petroleum’s existing shares are listed on NASDAQ OMX Copenhagen and on Oslo Stock Exchange.
Further Details:
Further details can be obtained from Ben Arabo, CEO, tel +298 550100 (ben.arabo@petroleum.fo). This announcement will be available, together with other information about Atlantic Petroleum, on the Company's website: www.petroleum.fo.
On the website, it is also possible to sign up for the Company’s e-mail newsletter.
Announcement no.01/2016
Issued 06-01-2016
P/F Atlantic Petroleum
Yviri við Strond 4
P.O. Box 1228
FO-110 Tórshavn
Faroe Islands
Telephone +44 208 834 1045
Fax +44 208 834 1125
Website: www.petroleum.fo
E-mail: petroleum@petroleum.fo