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Atlantic Petroleum ordered to disclose further information on the prerequisites for going concern-assumption

22/02/2019

P/F Atlantic Petroleum has received a decision from the Danish Business Authority along with seven orders on disclosure of further information related to the annual report for 2017 and the report for Q1 2018. One of the orders requires the company to disclose further information on the prerequisites for the going concern-assumption.

The company is assessing and processing the decision from the Danish Business Authority based on previous announcement concerning future revenues and its position on utilising available liquidity to support growth. The company is considering whether or not to appeal the decision.

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