Report for the 1st quarter 2012

Figures in NOK FRED. OLSEN ENERGY ASA (FOE) REPORTS AN OPERATING PROFIT BEFORE DEPRECIATION (EBITDA) OF 844 MILLION IN 1Q 2012 HIGHLIGHTS · Revenues were 1,606 million · EBITDA was 844 million · Operating profit (EBIT) was 506 million · Profit before tax was 395 million · Earnings per share werew 5.6 · Lundin exercised optional well for Bredford Dolphin

Fred. Olsen Energy ASA

Fred. Olsen Energy ASA (the Company) is listed on the Oslo Stock Exchange and provides exploration and production services to the offshore oil and gas industry building on 150 years experience in shipping and more than 3...

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