Carnegie Joint Bookrunner in Initial public offering of Atlantic Petroleum
Carnegie acted as Joint Bookrunner in the DKK 133 million initial public offering of Atlantic Petroleum on Oslo Stock Exchange. The base offering consisted of 1,050,000 new shares priced at NOK 140 per share.
Atlantic Petroleum is a Faroese based exploration and production (E&P) company focused on North West Europe. Atlantic Petroleum currently holds 44 oil and gas licences in the UK, Norway, Faroe Islands, Ireland and the Netherlands, producing oil and gas from three fields in the UK part of the North Sea. In addition to this, the Company has one field under development with first oil expected in 2015, two additional potential development projects and a substantial number of exploration prospects.