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Report for the 3rd quarter 2011

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Figures in NOK

FRED. OLSEN ENERGY ASA (FOE) REPORTS AN OPERATING PROFIT BEFORE DEPRECIATION (EBITDA) OF 960 MILLION FOR THE 3rdQUARTER 2011
HIGHLIGHTS FOR THE 3rdQUARTER 2011
  • Revenues were 1,682 million
  • EBITDA was 960 million
  • Operating profit (EBIT) was 642 million
  • Profit before tax was 630 million
  • Earnings per share were 9.3 
     
      Post quarter events
  • New three-well drilling contract for Borgsten Dolphin
  • Option period for a second drillship extended until 20th December 2011

 

 

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