Lundin Petroleum’s financial showed results had been cut in half.

The company released the corporate results for the first quarter of 2015. The turnover for Q1 2015 currently stands at 121,3 million dollars. Last year the number was at 235,4 million dollars.

Operating result before depreciation ended at 86 million dollars. At the same time of last year for Lundin Petroleum stands at 177,8 million dollars.

After tax, the company ended up with a deficit of 230,9 million dollars. Last year at the same time, they had a profit of 3.2 million dollars, it says in the released statement.

Currency are shown in NOK

Source: Bloomberg