AKERBP: Ex dividend USD 0.3124 today
The shares in Aker BP ASA will be traded ex dividend USD 0.3124 (NOK 2.51718) as from today, 09.05.2018.
Aker BP is a fully-fledged E&P company with exploration, development and production activities on the Norwegian Continental Shelf (NCS). Measured in production, Aker BP is one of the largest independent oil companies in Europe. Aker BP is listed on Oslo Stock Exchange with ticker 'AKERBP'. More about Aker BP at www.akerbp.com/en/.
The shares in Aker BP ASA will be traded ex dividend USD 0.3124 (NOK 2.51718) as from today, 09.05.2018.
Kjetel Digre has been appointed SVP Operations of Aker BP, and will be part of the Executive Management Team. He comes from a position in Statoil as SVP and Project Director for the Johan Sverdrup project development. Mr Digre holds an MSc with distinction in Subsea and Petroleum Engineering from Heriot Watt University in Edinburgh, Scotland.Karl Johnny Hersvik, CEO of Aker BP states: “As a partner of Statoil at the Johan Sverdrup field, I know Kjetel well. He has impressed us and the rest of the partnership by managing this very complex and valuable project in an excellent manner. I am
Dividend amount: USD 0.3124 per share (NOK 2.51718 per share) Declared currency: USD Last day of trading including right: 8 May 2018 Ex-date: 9 May 2018 Record date: 11 May 2018 Payment date: 22 May 2018 Date of approval: 6 May 2018 As per the updated loan agreement in the DETNOR02 bond loan (ISIN: NO 001068414.5), clause 12.4, bondholders have an option to put bonds at 107% of the dividend distribution amount. A distribution event notice will be sent to bondholders on the dividend payment date.
Aker BP (OSE:AKERBP) reported total income of USD 890 million and operating profit of USD 472 million for the first quarter 2018. Net profit was USD 161 million and earnings per share were USD 0.45. The company paid a dividend of USD 0.3124 (NOK 2.40) per share in the quarter. Record high production Total income increased to USD 890 million driven by record high production of 158.6 thousand barrels of oil equivalents per day (“mboepd”) and higher oil prices. Production volumes increased primarily due to the acquisition of Hess Norge in late December 2017. Production costs amounted to
Aker BP ASA will publish its financial results for the first quarter 2018 on Monday 7 May 2018 at 07:00 (CEST). A presentation will take place at Akerkvartalet, Oksenøyveien 10 (building B), Lysaker, Norway at 08:30 (CEST). Please submit your registration to email@example.com by 4 May 2018 at 12:00 (CEST). A live webcast of the interim results will be available on our website www.akerbp.com/en.
Aker BP ASA produced 158.6 thousand barrels of oil equivalents per day in the first quarter 2018. The production per field is specified below. Field Interest Operator Q1-18 Q4-17 Alvheim 65% Aker BP 40.5 42.3 Bøyla 65% Aker BP 3.2 3.7 Gina Krog 3.3% Statoil 1.5 1.7 Hod 90% Aker BP 1.0 0.5 Ivar Aasen 34.78% Aker BP 24.4 23.5 Skarv 23.40% Aker BP 27.1 21.4 Tambar 55% Aker BP 1.6 0.9 Ula 80% Aker BP 6.5 6.0 Valhall
Aker BP ASA held its Annual General Meeting on 11 April 2018. The minutes from the meeting are attached. AGM 2018 Minutes
Time: April 11 2018 at 14:00 hours (CET)Place: Aker BP ASA, Oksenøyveien 10, 1366 Lysaker, Norway Enroll to AGM 2018 Please find attached the following documents: · Notice of Annual
Aker BP ASA (the “Company”) is pleased to announce that it has priced its offering (the “Offering”) of $500 million aggregate principal amount of 5.875% senior notes due 2025 at par (the “Notes”). Interest will be payable semi-annually. The Offering is expected to close on or about March 22, 2018, subject to customary conditions precedent for similar transactions. In connection with the Offering, the initial purchasers may engage in stabilizing transactions with a view to supporting the market price of the notes at a level higher than that which might otherwise prevail. Any stabilization
ABOUT THIS REPORTThis document is Aker BP’s Sustainability Report for fiscal year 2017, presenting Aker BP’s approach to sustainability issues. The purpose of the report is to provide information about sustainability activities to the company’s stakeholders, including existing and potential shareholders, customers and employees. The objective is to provide a balanced picture of the opportunities and challenges the company encounters in this area, and how it works to address these factors. The Sustainability report are attached in pdf format.
Aker BP ASA (the “Company”) announced today that it has launched an offering of senior notes (the “Offering”) in an aggregate principal amount of $500 million (the “Notes”). Interest will be payable semi-annually. The interest rate, offering price and other terms will be determined at the time of pricing of the Offering, subject to market conditions. The Company intends to use the net proceeds of the Offering to partially repay (without cancelling) drawn commitments under the Company’s reserves-based lending facility (the “RBL Facility”) and pay the costs, fees and expenses related to the
Aker BP ASA today, March 12, 2018 makes public the electronic version of the annual report for 2017 at www.akerbp.com. The 2017 Annual report and the 2017 Annual Statement of Reserves are attached in pdf format.
Aker BP is about to complete drilling of the Frosk exploration well 24/9-12 located near Alvheim in the North Sea. The well has proved oil. Preliminary analysis indicate a discovery size of 30-60 million barrels of oil equivalents (mmboe), which is significantly more than the company’s pre-drill estimates of 3-21 mmboe. The discovery also has a positive impact on the assessment of further exploration potential in the area. Frosk is located in PL340, which also contains the Bøyla field. Bøyla has been producing oil since 2015 through a subsea installation tied back to the Alvheim FPSO.
Aker BP ASA ("Aker BP") is pleased to announce that the operator Statoil and the partnership (Aker BP 11,57 per cent working interest) further increase the value of the Johan Sverdrup field as a result of continued high quality in project execution, good drilling efficiency and further maturation of the resource base.The Johan Sverdrup development is now nearly 70% complete, which is according to plan, and investment costs are continuing its positive trend. This is a result of good cooperation between Statoil, the partners and the suppliers. Total investments in Phase 1 of the project
Dividend amount: USD 0.3124 per share (NOK 2.40 per share) Declared currency: USD Last day of trading including right: February 5, 2018 Ex-date: February 6, 2018 Record date: February 7, 2018 Payment date: February 14, 2018 Date of approval: February 2, 2018 As per the updated loan agreement in the DETNOR02 bond loan (ISIN: NO 001068414.5), clause 12.4, bondholders have an option to put bonds at 107% of the dividend distribution amount. A distribution event notice will be sent to bondholders on the dividend payment date.
Aker BP ASA (“the company” or “Aker BP”) reported total income of USD 726 (656) million in the fourth quarter of 2017. Production in the period was 135.6 (126.5) thousand barrels of oil equivalent per day, realising an average oil price of USD 65 (52) per barrel, while gas revenues were recognised at market value of USD 0.26 (0.19) per standard cubic metre. Production cost per barrel of oil equivalents was USD 11.8 (10.4). EBITDA amounted to USD 509 (485) million in the quarter and EBIT was USD 305 (281) million. Net profit for the quarter was USD 34 (-67) million, translating into an
Aker BP ASA will publish its financial results for the fourth quarter 2017 on Friday 2 February 2018 at 07:00 (CET.) A presentation will take place at Akerkvartalet, Oksenøyveien 10 (building B), Lysaker, Norway at 08:30 (CET). Please submit your registration to firstname.lastname@example.org by 1 February 2018 at 12:00 (CET). A live webcast of the interim results will be available on our website www.akerbp.com/en. ---
Aker BP has been offered interests in 23 new production licenses in Norway, of which 14 as operator, through the Awards in pre-defined areas (APA 2017) licensing round. - We are very pleased with these awards, which support Aker BP’s growth strategy by giving access to attractive exploration opportunities both around existing production hubs as well as in new prospective areas, says Gro G. Haatvedt, Senior Vice President Exploration in Aker BP. - We would also like to emphasize that access to new exploration acreage is vital in order to maximize the long-term value creation from the
Aker BP ASA ("AKER BP") is hosting its annual Capital Markets Day today. During 2017, Aker BP increased its reserves (2P) by a net of 202 million barrels of oil equivalents (mmboe), to a total of 913 mmboe. The company delivered significant growth, while simultaneously chasing cost per barrel produced, and had efficient operations with high operational uptime. Aker BP has a strong cash flow outlook and a robust balance sheet with a USD 2.9 billion liquidity reserve, enabling the company to increase dividends for 2018 to USD 450 million, and further strengthen its position as the leading
Aker BP ASA produced 135.6 thousand barrels of oil equivalents per day («mboepd») in the fourth quarter 2017. For the year 2017, the company's production averaged 138.8 mboepd, in line with the latest guidance. The production per field is specified below. Field Interest Operator Q4-17 Q3-17 2017 Alvheim 65.00% Aker BP 42.3 47.3 53.8 Bøyla 65.00% Aker BP 3.7 4.3 4.4 Gina Krog 3.30% Statoil 1.7 1.5 0.8 Hod 37.50% Aker BP 0.5 0.5 0.5 Ivar Aasen 34.78% Aker BP 23.5 16.6 18.1 Skarv
Reference is made to the stock exchange notices dated 22 December 2017 regarding Aker BP’s acquisition of Hess Norge and the sale of 10 percent interest in the Valhall and Hod fields. Following these transactions, Aker BP holds 90 percent interest in the Valhall and Hod fields. Aker BP has also assumed Hess Norge's tax positions which included a tax loss carry forward with an estimated net value of USD 1.5 billion, as booked in Hess Norge's 2016 annual accounts. In relation to these transactions, Aker BP has obtained a new USD 1.5 billion bank facility in line with the terms described
Reference is made to the stock exchange notice dated 4 December 2017 regarding Aker BP’s agreement to sell 10 percent interest in the Valhall and Hod fields to Pandion Energy AS. All closing conditions have been fulfilled, and the closing of the transaction took place on 22 December 2017. ---