FRED. OLSEN ENERGY ASA (FOE) REPORTS AN OPERATING PROFIT BEFORE DEPRECIATION (EBITDA) OF 992 MILLION IN 3rdQUARTER 2012

Figures in NOK

HIGHLIGHTS

  • Revenues were 1,901 million
  • EBITDA was 992 million
  • Operating profit (EBIT) was 662 million
  • Profit before tax was 566 million
  • Earnings per share were 8.2
  • BP exercised one month option on Borgholm Dolphin
  • New three-year contract for Borgland Dolphin
  • New eight-well contract, estimated to 570 days, for Bredford Dolphin

    Post quarter events
  • Three-year extension for Bideford Dolphin
  • Five-year drilling contract for Bollsta Dolphin

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