29.11.2013 09:16:00

Petrolia SE: Preliminary Report as per 3rd Quarter 2013

Regulatory News:

Petrolia SE (OSE:PDR):

Summary of main events

  • Shareholder’s Equity per 30 September 2013 was USD 3.97 per share, significantly more than the share price.
  • Earnings per share was USD 0.28 per share for the quarter and USD 0.57 for the first nine months.
  • OilService division continues to return improved results.
  • Total comprehensive income was USD 15.5 million in Q3 2013 compared to USD 5.7 million in Q3 2012.
  • Total comprehensive income was USD 17.6 million for the first nine months of 2013 compared to USD -5.4 million in 2012.
  • EBITDAX (EBITDA excluding exploration costs) was USD 11.2 million in Q3 2013 and USD 27.5 million for the first nine months of 2013 compared to USD 7.2 million in Q3 2012 and USD 17.7 million for the first nine months of 2012.
  • Revenue was USD 34.6 million in Q3 2013 and USD 90.1 million for the first nine months of 2013.

Please find attached the preliminary report as per 3rd quarter 2013 for Petrolia SE (OSE:PDR).

http://mb.cision.com/Public/1707/9505658/961c37fdf5317175.pdf

Contact persons:

Mr. Kjetil Forland, Managing Director, (kjetil.forland@petrolia.no)

Mr. Sølve Nilsen, Finance Manager, (solve.nilsen@petrolia.no)

Limassol/Bergen 28 November 2013 Board of Directors Petrolia SE

This information is subject of the disclosure requirements acc. to § 5 -12 vphl (Norwegian Securities Trading Act)

This information was brought to you by Cision http://news.cision.com

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