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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Faroe Petrol. | LSE:FPM | London | Ordinary Share | GB0033032904 | ORD 10P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 160.40 | 160.00 | 160.40 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMFPM
RNS Number : 1586Z
Faroe Petroleum PLC
13 December 2017
13(th) December 2017
Faroe Petroleum plc
("Faroe", "Faroe Petroleum" or the "Company")
Recommencement of production and Infill Programme at the Tambar Field, Norway
Faroe Petroleum, the independent oil and gas company focusing principally on exploration, appraisal and production opportunities in Norway, the UK and Atlantic Margin, reports that production from the Tambar field in Norway (Faroe 45%) has recommenced, following the tragic accident on the Maersk Interceptor drilling rig on Thursday, 7 December 2017.
The Tambar infill and gas lift installation programme has also recommenced. A full investigation into the accident on the Maersk Interceptor is being undertaken by the authorities and the Tambar operator (AkerBP).
With the resumption of all activities at Tambar, Faroe's production guidance for the year remains unchanged at 13,000 to 15,000 boepd.
- Ends -
For further information please contact:
Faroe Petroleum plc Tel: +44 (0) 1224 650 Graham Stewart, CEO 920 Stifel Nicolaus Europe Tel: +44 (0) 20 7710 Limited 7600 Callum Stewart / Nicholas Rhodes / Ashton Clanfield BMO Capital Markets Tel: +44 (0) 207 236 Neil Haycock / Tom 1010 Rider / Jeremy Low FTI Consulting Tel: +44 (0) 20 3727 Edward Westropp / Emerson 1000 Clarke
This information is provided by RNS
The company news service from the London Stock Exchange
END
MSCFFMSSDFWSEEE
(END) Dow Jones Newswires
December 13, 2017 02:00 ET (07:00 GMT)
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