New date for Q3 2014 report

Stavanger, 14 November 2014: Norwegian Energy Company ASA has decided to postpone the release of its Q3 interim report from 18 November to 28 November 2014.

The rescheduling is due to the ongoing review of available and sustainable financing solutions for the company. Please refer to the stock exchange announcement on 15 October 2014.

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Contact:

Tommy Sundt, CFO. Tel.: 0047 992 83 900

Or email: investorrelations@noreco.com

This information is subject of the disclosure requirements pursuant to section of 5-12 of the Norwegian Securities Trading Act

About Norwegian Energy Company ASA

Noreco is an independent Norwegian oil company. The company's focus is to explore, develop and produce oil and gas in the North Sea region. Since incorporation in 2005, the company has grown through licensing rounds, exploration and acquisitions. Noreco operates in Norway, Denmark and United Kingdom, and employs 53 oil and gas professionals. Noreco is listed on the Oslo Børs (ticker NOR). For further information, please visit: www.noreco.com.

About Us

Noreco is a publicly owned company with focus on the oil, gas and offshore industry. The company's shares are listed on the Oslo Stock Exchange (ticker NOR). For further information, please visit: www.noreco.com.

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