The company made an operating loss of NOK 251 million, a 58% improvement from the same period in 2012, as exploration expenses were also reduced from NOK 595 million to NOK 234 million.
Production was up 43% on last year to 1929 barrels of oil equivalent per day, thanks to the start-up of gas and condensate production at the Atla field in the 2012 fourth quarter.
However,
