Russia Oil Gas Magazine

Northern Offshore: First Quarter Results Exceeded Our Expectations

Northern Offshore Reports First Quarter 2015 Results Northern Offshore, Ltd. (Oslo Børs: NOF.OL) today reported net income for the three months ended March 31, 2015, of $5.9 million, or $0.04 per diluted share, on revenues of $44.6 million. The Company generated adjusted EBITDA of $14.1 million in the first quarter …

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