Financial Statements Q4 2018
Total operating income for the fourth quarter 2018 was NOK 145.9 million, compared to NOK 17.6 million in the same period last year. Profit from operating activities was NOK 5.8 million (-10.7). Net loss for the third quarter was -51.7 (3.8). The NOK 4,520 million acquisition including 44,56% working interest in the Draugen Field and 12% working interest in the Gjøa Field from A/S Norske Shell, was completed on 30 November 2018 and included for accounting purposes from that date. With this transaction, OKEA became operator of the Draugen Field and 153 previous Shell employees were