Det norske appoints Chief Financial Officer

6/22/2012 1:50 AM EST

Det norske is pleased to announce the appointment of Mr. Alexander Krane
(36) as its new Chief Financial Officer. Mr. Krane has an MSc degree
("siviløkonom") and is a Norwegian State Authorized Public Accountant.
He comes to Det norske from Aker ASA, where he served as Corporate
Controller. Previous positions have been with Norse Energy Corp. ASA and
KPMG. Mr. Krane will assume his new position during the third quarter of
2012.

"Alexander's experience and knowledge from auditing, the oil industry
and from the supplier industry will prove highly beneficial to the
company's further growth ambitions, and we are looking forward to
working with him", states CEO of Det norske, Mr. Erik Haugane.
Contact:
Erik Haugane, CEO, tel.: +47 907 21 655
About Det norske:
Det norske oljeselskap ASA (DETNOR) specialize in extracting petroleum
resources on the Norwegian Continental Shelf (NCS). We are an ambitious
company with significant exploration activity. Recently we have taken
part in some major discoveries, Johan Sverdrup being the single most
important. We now face several development projects, among them Jette as
operator, and Draupne.

Det norske has its headquarter located in Trondheim, and offices in Oslo
and Harstad. As of today we are more than 180 employees. Det norske is
listed on the Oslo Stock Exchange with the ticker "DETNOR".
More about Det norske at www.detnor.no/