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2010-07-01 13:42:42 CEST 2010-07-01 13:43:30 CEST REGULATED INFORMATION Atlantic Petroleum P/F - Company AnnouncementOperation update June 2010Tórshavn, Faroe Islands, 1st July 2010 - P/F Atlantic Petroleum (OMX:FO-ATLA) announces that during the month of June, Atlantic Petroleum produced a net total of 90,000 barrels of oil equivalents (boe) from the Chestnut and Ettrick fields. This equates to an average daily production of 3,000 boe per day net to the Company. The total production for the first 6 months of 2010 amounts to 419,000 boe. This should be compared to the forecast given in February estimating a yearly production between 725,000 and 850,000 boe. The Blackbird appraisal well is ongoing as planned and we expect the results to be announced in July or August. Further Details: Further details can be obtained from Sigurð í Jákupsstovu, CEO, tel +298 350 100 (sigurdj@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. 14/2010 Issued 01-07-2010 P/F Atlantic Petroleum Telephone +298 350 100 Gongin 9 Fax +298 350 101 P.O. Box 1228 Website: www.petroleum.fo FO-110 Tórshavn E-mail: petroleum@petroleum.fo Faroe Islands |
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