Today 15 May 2006 at 11.30 am (CET), Pertra presented the company’s 2006 first quarter financial results. Pertra’s operating revenues increased from NOK 28,6 million in Q1 2005 to NOK 41,1 million this year.
Pertra is an exploration-focused company still in the investment phase. This is also reflected by the figures for Q1 2006. The company had a loss before taxes amounting to NOK 22,2 million. This is primarily due to exploration costs in the amount of NOK 33,5 million. The company’s increase of resources and number of licenses has been substantial in the period since Q1 2005.