AKERBP: Second quarter results 2017
Aker BP ASA (“the company” or “Aker BP”) reported total income of USD 595 (256) million in the second quarter of 2017. Production in the period was 142.7 (62.4) thousand barrels of oil equivalent per day (“mboepd”), realising an average oil price of USD 51 (49) per barrel, while gas revenues were recognized at market value of USD 0.18 (0.17) per standard cubic metre (scm). Production cost per barrel of oil equivalents (“boe”) was USD 9.3 (6.9).EBITDA amounted to USD 395 (175) million in the quarter and EBIT was USD 210 (74) million. Net profit for the quarter was USD 60 (6) million,