Interim report Q2 2019

January - June 2019

  • Total revenue: SEK 28 (32) million
  • Operating result: SEK 2 (4) million
  • Result from equity investment SEK 0 (7)
  • Net result: SEK 2 (11) million
  • Earnings per share: SEK 0.07 (0.36)

Statement from CEO

Dear Shareholders,

I am pleased to announce the results for the first half of 2019. It was an interesting period where in addition to operational focus we started testing the market for opportunities to divest our assets in Komi and Bashkiria. It was unfortunate that in the beginning of 2019 we faced some partner issues in our Komi JV but we continue looking for options to resolve the situation.

Thanks to the successful re-entry of a well on the Aysky licence in the second half of 2018 we managed to declare a new discovery and book the additional over 7 million barrels of oil in beginning of 2019. We have just put well 141 Aysky in production and are now looking at further exploration / appraisal opportunities across our portfolio. 

Pavel Tetyakov, CEO

Stockholm, 29 August 2019

This information was released for publication on 29 August 2019 at 08:30 CET.

This report has not been reviewed by the Company's auditors.

For more information, please contact:

Pavel Tetyakov, CEO, +46 8 407 1850

Gunnar Danielsson, deputy CEO and CFO, +46 70 738 0585 

Bokslutskommuniké 2019

Year-end report 2019

Delårsrapport Q2 2019

Interim report Q2 2019

Årsredovisning 2018

Annual Report 2018

Bokslutskommuniké 2018

Year-end report 2018

Delårsrapport Q2 2018

Interim Report Q2 2018

Årsredovisnng 2017

Annual report 2017

Bokslutskommuniké 2017

Year-end report 2017

Delårsrapport Q2 2017

Interim Report Q2 2017

Årsredovisning 2016

Annual report 2016

Delårsredogörelse Q3 2016

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