Atlantic Petroleum – Condensed Consolidated Interim Report

Core Insights - Atlantic Petroleum reported its Q3 2025 results, highlighting a net loss of DKK 2.1 million and an operating loss of DKK 3.3 million [2] - The company is undergoing a debt restructuring process aimed at reducing its debt by at least DKK 90 million, with progress being made towards finalizing the agreement [2][3] - The company's net assets/shareholders equity stands at DKK -114.5 million, and it has bank debt amounting to DKK 59.4 million [2] Financial Performance - General and administrative (G&A) costs for Q3 2025 were reported at DKK 0.6 million [2] - The operating loss for the quarter was DKK 3.3 million, indicating ongoing financial challenges [2] - The net loss for the quarter was DKK 2.1 million, reflecting the company's current operational difficulties [2] Debt Restructuring - An agreement was reached with main creditors on April 4, 2025, to reduce the company's debt by at least DKK 90 million [2] - The successful completion of the restructuring is critical for the company's ability to continue as a going concern [3] Company Overview - Atlantic Petroleum is involved in oil and gas joint ventures with reputable international partners and is based in Tórshavn, Faroe Islands [4] - The company has subsidiaries and offices in the UK and is listed on NASDAQ OMX Copenhagen [4]