Last kr45.80 DKK
Change Today +0.70 / 1.55%
Volume 7.0K
As of 11:00 AM 03/3/15 All times are local (Market data is delayed by at least 15 minutes).

p/f atlantic petroleum (ATLA) Snapshot

Open
kr45.00
Previous Close
kr45.10
Day High
kr45.80
Day Low
kr44.00
52 Week High
03/4/14 - kr121.00
52 Week Low
12/30/14 - kr40.00
Market Cap
169.4M
Average Volume 10 Days
6.0K
EPS TTM
kr-21.30
Shares Outstanding
3.7M
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for P/F ATLANTIC PETROLEUM (ATLA)

Related News

No related news articles were found.

p/f atlantic petroleum (ATLA) Related Businessweek News

No Related Businessweek News Found

p/f atlantic petroleum (ATLA) Details

P/F Atlantic Petroleum, together with its subsidiaries, is engaged in the exploration, appraisal, development, and production of oil and gas properties primarily in offshore North West Europe. It produces and sells hydrocarbons. As of May 12, 2014, the company had 40 oil and gas licenses in the United Kingdom, Norway, the Faroe Islands, Ireland, and the Netherlands; and 3 fields in production in the United Kingdom part of the North Sea; 1 field under development; 2 development projects; and various exploration prospects. The company was founded in 1998 and is headquartered in Tórshavn, Denmark.

28 Employees
Last Reported Date: 11/12/14
Founded in 1998

p/f atlantic petroleum (ATLA) Top Compensated Officers

Chief Executive Officer and Chairman of Atlan...
Total Annual Compensation: kr2.3M
Compensation as of Fiscal Year 2013.

p/f atlantic petroleum (ATLA) Key Developments

P/F Atlantic Petroleum Announces Operating Results for the Month of February 2015

P/F Atlantic Petroleum announced operating results for the month of February 2015. The company announced that during the month of February, it has produced a net total of 31,000 barrels of oil equivalents (boe) from the Chestnut, Ettrick and Blackbird fields. The average daily production was 1,107 boe per day net to the company. Production on the Chestnut field was impacted by planned scale squeeze operations.

Atlantic Petroleum Announces Drill Decision on Norway PL602

Atlantic Petroleum P/F announced that the PL602 partnership has decided to drill a well to test the Roald Rygg Prospect in PL602. The well is planned to be drilled in 2015. PL 602 is located in the V-ring Basin, immediately close to the Luva, Snefrid and Haklang discoveries which will be developed as the Aasta Hansteen Field. In addition to the Roald Rygg prospect the PL602 license contains several other prospects and leads that provide exiting follow up potential.

Atlantic Petroleum Announces Farm Down Option Deal on Norway PL704, PL705 and PL802

Atlantic Petroleum P/F announced that the company has entered into a farm-down option deal with Statoil Petroleum AS related to the PL704, PL705 and PL802 licences in the V-ring Basin. Atlantic Petroleum currently holds 30% in PL704 and PL705, and 20% in PL802. PL704, PL705 and PL802 are located in the western part of the V-ring Basin, close to the Asterix gas discovery. All the licenses contain several prospects and leads, within the same play model as proven by Asterix. A drill or drop decision will be taken by the partnership during the spring 2015 for the PL705 licence, and given a positive decision, a well is planned for 2016. For PL802 and PL704 the deadline for taking a drill or drop decision is in 2017. Through the farm-down option deal Statoil shall have the right to purchase up to 20% participating interest in PL705. The option is valid until April 30th 2015. Should the option be exercised by Statoil, there will be a carry associated with the cost related to the drilling of the first exploration well. For PL704 Statoil shall have the right to acquire up to 20% participating interest, and for PL802 Statoil shall have the right to acquire up to 10% participating interest. The options are independent and valid until April 30, 2015.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
ATLA:DC kr45.80 DKK +0.70

ATLA Competitors

Market data is delayed at least 15 minutes.

Company Last Change
No competitor information is available for ATLA.
View Industry Companies
 

Industry Analysis

ATLA

Industry Average

Valuation ATLA Industry Range
Price/Earnings -- Not Meaningful
Price/Sales -- Not Meaningful
Price/Book -- Not Meaningful
Price/Cash Flow -- Not Meaningful
TEV/Sales -- Not Meaningful
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact P/F ATLANTIC PETROLEUM, please visit www.petroleum.fo. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.