Nordic Business Report-July 10, 2006-Altinex ASA reports Q2 2006 sales and operating profit up
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The Norwegian oil and gas exploration and production company Altinex ASA reported on Monday (10 July) that the 2006 second quarter oil and gas sales for the business areas Altinex Oil and Denerco Oil exceeded NOK400m with operating profit (EBITDA) exceeding NOK300m.
These record revenue figures reflect a high oil price, the company said.
The combined sales for the period January-June 2006 are above NOK850m with operating profit (EBITDA) exceeding NOK600m.
One Norwegian krone (NOK) is worth approximately 0.09 British pounds (GBP).
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