Atlantic Petroleum is an oil and gas company conducting exploration on the Faroese Continental Shelf. The company has presently six exploration licenses on two oilfields, which will be developed in the near future. Production from the first field will commence in 2007.
"It is very gratifying to welcome Atlantic Petroleum as the first Faroese company to the Nordic Exchange. This listing will increase interest in energy companies on the Nordic Exchange" says Jan Ovesen, President and CEO of the Copenhagen Stock Exchange, OMX.
A round lot of shares in Atlantic Petroleum, whose short name is FO-ATLA, amounts to 10 and the company is included in the Energy sector.
OMX Nordic Exchange Copenhagen is a leading expert in the exchange industry. Through the Nordic Exchange in Copenhagen, Stockholm, Helsinki, Riga, Tallinn and Vilnius, OMX offers access to approximately 80 percent of the Nordic and Baltic securities market. Our integrated technology solutions span the entire transaction chain enabling efficient securities transactions for exchanges, clearing organizations, central securities depositories and other financial institutions around the world. OMX is listed on the Nordic Exchange in Stockholm, Helsinki and Copenhagen.
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