Brief: North Energy Q1 net loss widens

North Energy ASA

13/05/2015 06:00

May 13 (Reuters) - North Energy : North Energy Asa  
    * Q1 net loss of NOK 35.6 million (NOK -27.9 in Q1 2014) 
    * Says is financed with an equity of NOK 404.5 million and 
had a net cash position of NOK 294 million at 31 March, 
including tax receivable less exploration loan debt 
    * Says is considering a further four wells in existing 
licences during 2016-17 
 
Source text for Eikon:  ID:nHUG9mRPCD  
Further company coverage:  NORTH.OL  
 
 (Reporting By Stine Jacobsen) 
 ((stine.jacobsen@thomsonreuters.com;))