The negative result was three times the Nkr358 million loss recorded a year earlier, leaving the Oslo-listed company with a wider quarterly net loss of Nkr329 million versus Nkr47 million in the same period of 2012.
While revenue more than doubled in the quarter to Nkr254 million on an output boost from Jette, the Det Norske-operated field’s production rate has fallen steeply from a high of 4378 barrels of oil equivalent per day after being brought on stream last May to 2710 boepd in the last quarter.
The
