Aker BP third quarter results 2017
Aker BP ASA (“the company” or “Aker BP”) reported total income of USD 596 (248) million in the third quarter of 2017. Production in the period was 131.9 (59.8) thousand barrels of oil equivalent per day (“mboepd”), realising an average oil price of USD 55 (47) per barrel, while gas revenues were recognized at market value of USD 0.20 (0.15) per standard cubic metre (scm). Production cost per barrel of oil equivalents (“boe”) was USD 11.1 (5.8).EBITDA amounted to USD 395 (179) million in the quarter and EBIT was USD 219 (56) million. Net profit for the quarter was USD 112 (63) million,