17 de febrero de 2016 / 6:28 / hace 2 años

BRIEF-Oil firm Det norske books $192 mln impairment in Q4 due low oil price

Feb 17 (Reuters) - Det Norske :

* Q4 revenues $255 million (Reuters poll $237 million) vs $346 million a year ago

* Q4 EBITDA $208 million (Reuters poll $172 million) vs $239 million a year ago

* Q4 net loss $156 million (Reuters poll -$26 million) vs loss of $287 million a year ago

* Takes non-cash impairment of $192 million (which is primarily related to impairment of technical goodwill that arose from the acquisition of Marathon Oil Norge

* The impairment is mainly caused by decreasing oil futures prices compared to the previous quarter

* Says exploration drilling program for 2016 will be focused around exploring upsides near existing discoveries

* Reiterates 2016 production guidance of 55,000 60,000 boepd

* Reiterates 2016 production cost per boe of $8 to $9 per boe

* Reiterates 2016 expex guidance of $160-170 million

* Reiterates 2016 capex guidance of $925-975 million

* Says discussions with creditors have commenced with the aim to ease covenant thresholds for our debt instruments

* Says its debt facilities in place are sufficient to fund the current work program until first oil at Johan Sverdrup

* Ivar Aasen project is progressing well and remains on plan and budget for first oil in Q4 2016

* Says operator Statoil estimates that break-even oil price for Johan Sverdrup phase 1 is now below 30 USD/bbl Further company coverage: (Reporting by Stine Jacobsen, editing by Gwladys Fouche)

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