Atlantic Petroleum releases major provision
The oil company will release an excess of USD 14 million in provisions.
BY RITZAU FINANS
In late December, Atlantic Petroleum relinquished its licenses in North Sea fields Blackbird and Ettrick, and in that connection the company will release a provision of GBP 11 million (USD 14 million), which will strengthen the company's balance sheet and result for 2018, according to a press release.
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